Ex-UBS trader Roger Darin, facing U.S. charges of manipulating Libor, a financial benchmark, claims he’s in a “Kafkaesque situation” that bars him from working or leaving his home country of Switzerland.
Bloomberg News reports that Darin is charged by the U.S. with conspiring to rig the London interbank offered rate, which affects trillions of dollars in transactions. He wants the case dismissed because U.S. law doesn’t reach him in Switzerland, he says.
Darin is “confined” to “a small country little more than half the size of West Virginia,” his lawyer, Bruce Baird, said in a court filing, disputing a prosecutor’s claim that Darin is “content to remain in his native Switzerland for his entire life.”
“He cannot visit his family in Austria - including for his cousin’s funeral last year - let alone his close friends in Singapore and Japan,” Baird said.
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