Ex-Lloyds Libor Traders Said to Face Questioning by U.K. SFO
- Prosecutor called in traders for interviews under caution
- SFO has been investigating Libor manipulation for five years
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U.K. prosecutors have called in a number of former Lloyds Banking Group Plc Libor traders for questioning over manipulation of the benchmark rate, more than two years after the bank was fined nearly $400 million over the scandal.
The Serious Fraud Office asked the traders to come in for interviews under caution in recent months, said two people with knowledge of the situation, who didn’t want to be identified because the questioning is private. Interviews under caution are generally conducted with possible suspects and anything a person says can be used in court.