Iceland’s District Prosecutor has concluded a five-year investigation into the fishing giant Samherji regarding its alleged involvement in the 'Fishrot corruption scandal.'

According to Iceland’s national broadcaster RÚV, the investigation targeted nine current and former Samherji employees accused of bribing Namibian officials in return for fishing quotas.

This inquiry followed the 2019 leak of the Fishrot Files, which claimed that millions in bribes were paid to senior politicians and business figures.

While Samherji denies any wrongdoing, it acknowledges that payments were made.

The Icelandic prosecutor will now determine whether to file criminal charges.

Iceland has declined to extradite the suspects for trial.

The Fishrot trial is anticipated to begin on August 4 before Judge Moses Chinhengo at the High Court.