Predatory lenders and Chairman beware. The High Court in London today dismissed an appeal by three British bankers against extradition to the United States on charges relating to the 2001 collapse of Enron.
In a landmark judgement, David Bermingham, Gary Mulgrew and Giles Darby, all former investment specialists for NatWest, failed to overturn the extradition order made by a Bow Street district judge and confirmed by Charles Clarke, the Home Secretary, last year. The trio also lost an appeal for Britain’s Serious Fraud Office to review their case.
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