October 31.1995-The Bahrain bank culprit Leeson agreed to be extradited to Singapore for trial
October 31, 1995 (seeing in the eighth day of September), the the Bahrain bank culprit Leeson agreed to be extradited to Singapore for trial. ,
1995 10 31, (history TodayOnHistory.com) derivative transactions led to the British Barings Bank broker Nick - Morrison agreed with the German he was extradited to Singapore for trial judicial decisions. Morrison's lawyer, Kempf said yesterday that Morrison has abandoned an appeal to the German Constitutional Court and the European Court of Human Rights. October 4, Frankfurt, Germany, the court announced that it agreed Singapore's extradition request, Leeson had pleaded not require an appeal. The lawyer said, Leeson's changed his mind, because he believed that Singapore is not the responsibility of bank failures all add to him. Germany's Frankfurter Allgemeine Zeitung reported that the Singapore government has been accused of two managers also have a responsibility to the bank failures of Barings, and does not exclude the possibility of prosecution of senior officers of the bank. Leeson agreed to be extradited to Singapore, another reason is that the New Party has guaranteed him a fair trial. Leeson as a Barings Bank in Singapore broker, financial speculation, in early 1995, causing huge losses, new allegations he damaged the reputation of the Singapore Exchange, and guilty of the crime of forged documents and deception.
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