Extradition Day Arrives For U.K. Bankers

Law360, New York (July 10, 2006, 12:00 AM EDT) -- Having exhausted all legal avenues in their home country, three British bankers will be extradited at the end of this week to stand trial in Texas on Enron-related fraud charges.

The trio’s lawyer revealed the news on Monday, indicating that the group is scheduled to depart on Thursday morning.

The so-called NatWest three—David Bermingham, Gary Mulgrew and Giles Darby—are former executives of Greenwich National Westminster, a unit of Royal Bank of Scotland Group PLC.

The group stands accused of stripping NatWest of nearly $7.3 million in...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.