Thursday, 10 September 2015

SFO boss warns rogue bankers will be brought to justice

From This is Money –

“The boss of the Serious Fraud Office has warned rogue bankers will be brought to justice with more individuals involved in rigging Libor interest rates likely to be charged this autumn.

In a speech yesterday, David Green (pictured) indicated there would be no hiding place for anyone involved in the scam – no matter how senior – saying the watchdog’s Libor probe will ‘go wherever the evidence takes us’.

The comments were made in Green’s first public speech since former UBS and Citigroup trader Tom Hayes was convicted for manipulating Libor and sentenced to 13 years in jail.”

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