Banker's Murder - More Details Emerge At Trial

41 year-old Nancy Kissel is currently on trial in Hong Kong for the murder of her husband, Robert, whose body was found in an underground storage unit close to the couple's luxury Hong Kong apartment building in November 2003. Kissell, 40, was at the time head of Merrill Lynch's principal finance business in the Asia-Pacific region.

Prosecutors allege that Mrs Kissel killed her husband the very day the banker planned to discuss the couple's divorce with his wife. She is accused of drugging her husband with a sedative-laced milkshake, before beating him about the head with a metal ornament. Three days after the bankers death, Mrs Kissel is said to have asked maintenance workers to come to her apartment complex and take out a thick carpet, which was apparently very heavy, to the storage area. Prosecutors claim that the maintenance workers say that the carpet smelled like rotting fish. Mrs Kissel is said to have purchased the carpet a day or two before the maintenance men came in to move it.

It is alleged that the investment banker discovered that his wife was having an affair with someone in the United States, and that he had hired a private detective to investigate the matter. One of Mr Kissel's Merrill Lynch colleagues was the first to alert the authorities that the banker was missing, after having been allegedly told by Mrs Kissel that the couple had had an argument and that she didn't know where he was. Police discovered Kissel's body, wrapped in the carpet, four days after his death.

The seven-person jury was also told that Mrs Kissel was the primary beneficiary of five life insurance policies on his life, worth $6.75m. She was also the main beneficiary in his will.

Mrs Kissel has pleaded not guilty to the murder charge. The trial continues.

JefferiesAnd the Best Place to Work in the global financial markets 2017 is...

Register for Financial Markets News Alerts