2008 ke infamous Libor-rigging scandal mein phanse 5 former Barclays traders ki conviction ab UK Court ne radd kar di hai. Ye faisla 2025 ke Supreme Court ke purane jury instructions wale order ke baad aaya hai, jisse saalo purana ye legal matter ab khatam ho gaya hai.
Kya hua courtroom mein?
UK Court of Appeal ne formal order pass karke 5 former Barclays employees—Jonathan Mathew, Jay Merchant, Alex Pabon, Philippe Moryoussef, aur Colin Bermingham—ki conviction ko 'unsafe' batate hue radd kar diya hai. Inhe 2016 se 2019 ke beech Libor aur Euribor jaise interest rate benchmarks mein hera-pheri ke liye jail bheja gaya tha.
Faisla kyun badla?
Ye sab July 2025 mein aaye UK Supreme Court ke ek landmark ruling ki wajah se hua. Supreme Court ne mana ki purane banking trials ke dauran judges ne jury ko jo instructions diye the, wo technically galat the. Iske baad UK ke Serious Fraud Office (SFO) ne bhi maana ki ye errors sabhi cases mein the, isliye unhone dobara trial chalane se mana kar diya.
Kya Investors ko darna chahiye?
Bilkul nahi! Ye sirf ek purana procedural matter hai jo clear hua hai. Ye faisla 2008 ki purani trading conduct par koi naya verdict nahi hai, balki sirf administrative closure hai. Bank par iska koi naya financial fine ya regulatory load nahi padega. Ye scandal ab history ban chuka hai, kyunki ab Libor jaise benchmarks use hi nahi hote.
Filhal Christian Bittar (former Deutsche Bank trader) ka case alag chal raha hai, lekin Barclays wale sabhi traders ke liye ye lambi legal ladai khatam ho chuki hai.
