Ex-Barclays Trader Calls UK Appeal Court to Set Aside Libor Convictions

[kreslik.news]

The jailed ex-Barclays trader Alex Pabon, who was given a sentence of two years and nine months, has submitted his case to the UK’s Criminal Court of Appeal in an effort to demonstrate that his conviction for rigging the Libor interest rate is untrue.

Mr. Pabon, aged 38, is basing his appeal on claims that evidence given by the Serious Fraud Office’s expert witness Saul Rowe was unreliable. He told the court that Mr. Rowe misrepresented his expertise to the SFO and to the juries and also failed to comply with the basic duties of disclosure.

The move, which could be made ... (read more)