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Transcripts for BBCNEWS BBC News 20240604 18:22:00

got prosecuted or central bankers. instead, the serious fraud office indicted peterjohnson for a much smaller so called interest rate manipulation that the us courts have now decided wasn t illegal and broke no rules. believing he d lose at trial, he pleaded guilty and in 2016 went to jail. were you ordered by your bosses to post false libor rates under pressure from the bank of england? yes or no? no comment. what were you thinking at that moment when i confronted you? i was thinking, damn right i was. you said no comment. i had been advised by my lawyers to just say nothing. but you would have liked to have said yes. oh, absolutely. the serious fraud office said nine traders knowingly rigged rates for their own benefit and juries in the court of appeal had agreed they committed a crime. whilst the real villains got off scot free, the scapegoats, including some whistle blowers, face coercion and injustice. in a newly published book,

Us
Serious-fraud-office
Peterjohnson
Interest-rate-manipulation
Courts
Bankers
Rules
Trial
Wasn-t-illegal
Pressure
Bank-of-england
Comment

Transcripts for BBCNEWS BBC News 20240604 17:22:00

but it wasn t board directors who got prosecuted or central bankers. instead, the serious fraud office indicted peterjohnson for a much smaller so called interest rate manipulation that the us courts have now decided wasn t illegal and broke no rules. believing he d lose at trial, he pleaded guilty and in 2016 went to jail. were you ordered by your bosses to post false libor rates under pressure from the bank of england? yes or no? no comment. what were you thinking at that moment when i confronted you? i was thinking, damn right i was. you said no comment. i had been advised by my lawyers to just say nothing. but you would have liked to have said yes. 0h, absolutely. the serious fraud office said nine traders knowingly rigged rates for their own benefit and juries in the court of appeal had agreed they committed a crime. whilst the real villains got off scot free, the scapegoats, including some whistle blowers,

Us
Serious-fraud-office
Courts
Interest-rate-manipulation
T-board-directors
Bankers
It-wasn
Peterjohnson
Rates
Bosses
Rules
Trial

Transcripts for BBCNEWS BBC News 20240604 16:16:00

i have to say all the libors are incorrect and they are too low. but on the 29th october 2008, his immediate boss, mark dearlove, reluctantly passed on an instruction from above to take part in the very fraud he d sought to expose. barclays board directors had come under pressure from the top of the financial system. the bottom line is you re going to absolutely hate this. we ve had some very serious pressure from the uk government and the bank of england about this. but it wasn t board directors who got prosecuted or central bankers. instead, the serious fraud office indicted peterjohnson for a much smaller so called interest rate manipulation that the us courts have now decided wasn t illegal and broke no rules.

Part
Fraud
Mark-dearlove
Libors
Instruction
29th-october
29
29th-october-2008
2008
Pressure
Uk
Government

Transcripts for BBCNEWS BBC News 20240604 18:19:00

release meeting he has called forjagtar s release and written to rishi sunak. i don t release and written to rishi sunak. i don t know release and written to rishi sunak. i don t know what he can do because it is not i don t know what he can do because it is not within their reach to bring it is not within their reach to bring him it is not within their reach to bring him back home but it is within the uk bring him back home but it is within the uk government s reach. i ve bring him back home but it is within the uk government s reach. i ve got a statement the uk government s reach. i ve got a statement here the uk government s reach. i ve got a statement here from the uk government s reach. i ve got a statement here from the - the uk government s reach. i ve got a statement here from the uk - the uk government s reach. i ve got l a statement here from the uk foreign office, it says it has raised concerns including the allegations of torture with the indian authoritie

Uk-government
Straightaway
Uk
Reach
Release
Rishi-sunak
Home
Statement
Foreign-office
Got-la-statement
Know-release
Forjagtar

Transcripts for BBCNEWS BBC News 20240604 17:19:00

rishi release and promised to write to rishi sunak, and he has done that. i don t rishi sunak, and he has done that. i don t know rishi sunak, and he has done that. i don t know what else he can do because don t know what else he can do because it don t know what else he can do because it is not within homicide s reach because it is not within homicide s reach to because it is not within homicide s reach to bring him back home, but it is within reach to bring him back home, but it is within the reach to bring him back home, but it is within the uk government s reach. i ve is within the uk government s reach. i ve got is within the uk government s reach. i ve got a is within the uk government s reach. i ve got a statement here from the i ve got a statement here from the uk foreign office, it says it has raised concerns including the allegations of torture with the indian authorities on more than 100 occasions and also says that consular staff visit him regularly to che

Government
It
Statement
Uk
Reach
Release
Homicide
Home
Rishi-sunak
Rishi
Don-t
Don-t-know

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