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Tuesday, May 24, 2005

Three UK bankers to be extradited to US for Enron scandal involvement
Jamie Sterling at 4:06 PM ET

[JURIST] British Home Secretary Charles Clarke [official website] announced Tuesday that three British men, all Greenwich Natwest [corporate website] bankers, will be extradited to the US to face trial for their involvment in the Enron scandal. Clarke is upholding a London court's ruling from October [JURIST report]. The bankers face trial in the US on fraud charges [indictment text] for pocketing 1.5 million pounds after selling interest on an Enron asset [JURIST report]. The UK High Court [official website] previously ruled that the bankers could challenge the extradition [JURIST report], and Clarke himself was granted an extension to review his extradition decision [JURIST report]. Reuters has more.






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