Convicted Barclays Traders Target SFO Expert in Libor Appeal
- Witness testimony could undermine some Libor convictions
- Lawyers for acquitted Ryan Reich wrote to U.K. crime agency
Barclays, Former Execs Charged Over Qatar Fundraising
This article is for subscribers only.
Former Barclays Plc traders convicted of rigging Libor are attacking the credibility of an expert witness for the prosecution who texted friends during breaks in his testimony for help to describe banking terms.
Lawyers for convicted traders Jonathan Mathew and Alex Pabon said statements by the witness, Saul Haydon Rowe, on how Libor works were crucial to the jury’s understanding of their case. They’re getting a boost from a colleague who was acquitted in a related trial, Ryan Reich, and has asked a different set of U.K. prosecutors to investigate Rowe’s conduct.