CIMA protests over 'NatWest Three' extradition. By Dan Martin

The Chartered Institute of Management Accountants (CIMA) has written to the prime minister protesting against the extradition to the US of the so-called 'NatWest Three'.

In the letter, a copy of which was sent to AccountingWEB, the organisation criticised the fact that David Bermingham, Gary Mulgrew and Giles Darby are being extradited according to a treaty which the UK but not the US has signed.

CIMA said it was concerned that the action "appears to be effectively unilateral given that the UK has no reciprocal rights".

Continued...

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Comments

Right to be up in arms

Anonymous | | Permalink

If indeed the 3 men did defraud Natwest in the UK what on earth are we doing sending them to America for trial without even reviewing the case?

Surely any charges should be brought here first if these accusations have any basis whatsoever.

It is sad---but I support them going.

AnonymousUser | | Permalink

The saddest thing about it is that the investing public do not get a fair hearing in the UK.

These three have almost admitted taking personal profit at the expense of the investing public---such as NatWest shareholders.

However, in the UK they would probably get away with it.

In the US the investors in Enron may at least feel that the fraudsters will be punished.

Jeff Lampert

listerramjet's picture

intent

listerramjet | | Permalink

many are quite rightly "up in arms" about the impact of this on the three people concerned, but the wider issue of how the bush blair alliance is abusing measures purportedly designed to thwart terrorists is surely something that all should be "up in arms" about - particularly in view of the powers currently being demanded in the UK by the police, not to mention ID cards.

Natwest Three - the accountants' view

dan06 | | Permalink

As the NatWest Three - Giles Darby, David Bermingham and Gary Mulgrew - arrive in the US after being extradited on charges relating to the collapse of Enron we are looking for our members' views on the case.

Should the NatWest Three have been extradited?

Let us know what you think by posting a comment below or by e-mailing us at editor@accountingweb.co.uk

Natwest Three

davidghamilton | | Permalink

What I would like to know is when did we become liable to prosectution under the laws of the United States of America?

If the US have not signed the treaty then there is no agreement.

Personally I believe that if there is no reciprocity in this then why have it.

If the treaty was originally put forward to deal with terrorism has the spirit of the agreement been overstepped by this extradition ?

I find it very annoying to find that the UK govt seems not to have the back bone to tell the USA ... NO.

If these guys are guilty of giving bad advice on the possibility of making a gain by buying the company, legally I'm not sure where things stand on this, how ever if it was a UK company that was treated in this manner by an American I'm sure we would be told that we did not have to take the advice offered and there would be no reciprical arrangement where An American could be shipped to the UK and charged.