Investment banker and wife charged with insider dealing
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Christian Littlewood, a senior investment banker, and his wife Angie Littlewood have been charged with 13 counts of insider dealing and one count of conspiracy to commit insider dealing, while a third suspect has also been arrested.
The husband and wife – also known as Siew Yoon Lew and Angie Lew – have been bailed to attend City of Westminster Magistrates’ Court on April 6 2010.
The offences relate to trading in a number of different London Stock Exchange and AIM listed shares between 2000 and 2009.
In addition a third suspect has been arrested in Mayotte, a French overseas territory in the Comoros Islands.
The third suspect – a 33 year-old Singaporean national – was arrested by the French authorities in Mayotte following a European Arrest Warrant issued by City of Westminster Magistrates’ Court at the request of the FSA.
He is due to appear before a local court later this week in relation to a request for extradition to the UK to face charges of insider dealing.
This is the first time that the FSA has sought the extradition of a suspect from abroad to face criminal charges in the UK.
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Readers' comments (1)
John Harding | 15 Mar 2010 5:46 pm
Hope our extradition arrangements with the French are on a more level playing field than is the case with our treaty with the USA, in which we are very much the 'junior' partner.
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