UK fraud agency charges three ex-Barclays bankers over LIBOR

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Published : February 17th, 2014
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By Steve Slater
Reuters
Monday, February 17, 2014

Britain's fraud agency started criminal proceedings against three former bankers at Britain's Barclays Plc on Monday for the alleged manipulation of Libor interest rates.

The Serious Fraud Office (SFO) said it has charged Peter Charles Johnson, Jonathan James Mathew, and Stylianos Contogoulas with conspiracy to defraud between June 2005 and August 2007.

The SFO last year brought charges against three former employees of Swiss bank UBS and UK brokerage RP Martin, the first people to face trial in connection with a global investigation into a rate-rigging scandal that sparked intense criticism of standards across the industry. ...

... For the full story:

http://uk.reuters.com/article/2014/02/17/barc...ges-idUKL6N0...



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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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