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UK bankers linked to Enron scandal may be extradited to US, judge rules

A UK judge Friday granted a US request that three British bankers implicated in the Enron scandal be extradited to the US to face charges. Gary Mulgrew, Giles Darby and David Bermingham, former employees of NatWest, a British bank, are accused of pocketing about 1.5 million pounds each after selling an interest an Enron asset, and all three face seven counts of wire fraud. No charges have been filed by UK authorities, but the three could face up to 35 years in prison if convicted in the US. Bermingham said the three planned to appeal the magistrate's ruling to the High Court. The final decision on extradition rests with Home Secretary David Blunkett. View the indictment here [PDF]. JURIST's Paper Chase has ongoing coverage of the Enron scandal. BBC News has more.

About Paper Chase

Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible format.

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