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UK: Ex-ICAB brokers head to court in LIBOR case

 |  April 15, 2014

Three former brokers at UK-based ICAB have appeared in court to defend themselves against charges of LIBOR manipulation, reports say.

The three – Danny Martin Wilkinson, Darrell Paul Read and Colin John Goodman – are the latest individuals charged in the global, long-running scandal of interbank benchmark manipulation.

Reports say the Serious Fraud Office accuses the three of manipulating the benchmark rate between August 2006 and September 2010. The defendants are due back in court later this month, but reports say a trial would not occur until late next year.

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