Former ICAP brokers said to be interviewed in UK over Libor

Pointing The Finger

Three former ICAP brokers charged in the U.S. over their involvement in Libor-rigging will be interviewed by U.K. prosecutors within weeks, two people with knowledge of the probe said.

Bloomberg reports that Daniel Wilkinson and Colin Goodman, who live in England, will be interviewed by the Serious Fraud Office in the next few weeks, said the people, who asked not to be identified because the talks are private. Darrell Read, who lives in New Zealand, will also be questioned, the people said.

Seven people have been charged over manipulation of the London interbank offered rate, including five in the U.S. Tom Hayes, a former UBS and Citigroup trader who has been at the centre of the probe, has been accused in both countries.

'We are making arrangements to speak to the SFO in December', said Matthew Frankland, Wilkinson’s lawyer in London. 'There is no date arranged yet. We are in dialog with them'.

The SFO has said it is investigating 22 people as potential co-conspirators to the three men it has already charged. Prosecutors may attempt to interview more of the possible co-conspirators before the Christmas holiday, one of the people said.

To access the complete Bloomberg article hit the link below:

Ex-ICAP Brokers Said to Face U.K. Prosecutors in Libor Probe:

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image: © Lisamarie Babik

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