UK High Court allows extradition of bankers facing Enron charges Chris Buell at 11:39 AM ET
[JURIST] The UK High Court [UK Court Service website] on Tuesday rejected a bid by three UK bankers to halt their extradition to the US to face fraud charges in connection with the Enron [JURIST news archive] scandal. The British government ordered the extradition of David Bermingham, Giles Darby and Gary Mulgrew, former Natwest [corporate website] bank executives, after they were indicted [PDF text] in Texas on charges that they aided Enron in an off-the-books partnership deal.
The High Court held that the extradition was proper because the charges had a substantial connection to events and people in the US. The case is the first to be evaluated under the new Extradition Act [text], an agreement between the US and UK that uses a lower evidentiary burden in evaluating extradition requests. Bloomberg has more.
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