29th Oct 2014 07:40
LONDON (Alliance News) - Tullett Prebon PLC on Wednesday said it is continuing to cooperate with the UK's Financial Conduct Authority and other regulators in the ongoing Libor probe as it noted the Serious Fraud Office charges against one of its former employees.
The UK Serious Fraud Office on Tuesday said it has issued criminal proceedings against Noel Cryan, a former employee of Tullett, accusing him of conspiring to commit fraud between February 1, 2009 and December 3, 2009.
The SFO said the new proceedings brings the number of people facing charges over the manipulation of Libor to 13.
Tullett said it "continues to cooperate fully with the FCA and other regulators and government agencies in connection with their enquiries".
By Sam Unsted; [email protected]; @SamUAtAlliance
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