 Geir Haarde was found guilty on one of four charges on 23 April 2012, for not addressing the problems that Icelandic banks were facing or their potential consequences for Iceland's economy at cabinet meetings.Due to his age, no previous criminal record and the acquittal of the most serious charges, Haarde was not sentenced in the case, and the Icelandic State paid his legal expenses.Haarde decided, as a matter of principle, to refer the whole case to the European Court of Human Rights in Strasbourg; in November 2017, the court ruled against him.