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NatWest Three offer guilty plea

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posted on Nov, 28 2007 @ 08:19 PM
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NatWest Three offer guilty plea


news.bbc.co.uk

Three British bankers extradited to the US on fraud charges connected to former US energy giant Enron have pleaded guilty to one count of wire fraud.

David Bermingham, 44, Gary Mulgrew, 45, and Giles Darby, 44, the so-called NatWest Three, were in a Texas court.

Until now the three had protested their innocence to all seven fraud charges.

Prosecutors say that in 2000 the three men advised former employer, NatWest, to sell part of a firm owned by Enron for less than it was worth.
(visit the link for the full news article)



posted on Nov, 28 2007 @ 08:19 PM
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There seems to be a spate of similar cases worldwide about corruption and fraud being brought to light.

Why is this I wonder? Is it part of some conspiracy to ease the minds of tax payers to show that someone is doing something, or is it a genuine attempt by those who have had enough of such practices.

Will it grow into a run that will continue to bring down those who think they are above the law by the positions they hold?

I hope so.

It's about time we had a clean slate.


news.bbc.co.uk
(visit the link for the full news article)



 
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