Lewis Nedas fraud specialist Keith Wood represented Gudni Adalsteinsson the former Treasurer of the Kaupthing Bank. In a recent development the SFO, in response to points raised by Keith, have confirmed that they now no longer regard Mr Adalsteinsson as a suspect in this case and have released him from the investigation.

Mr Adalsteinsson was detained in March 2011 as a part of the SFO’s highly publicised investigation into the lending billionaire entrepreneurs Vincent and Robert Tchenguiz. Keith has been advising Mr Adalsteinsson throughout the investigation.