Old Bailey

Special report: the NatWest Three

The NatWest Three – how the case unfolded, from 2004 and the Enron collapse to their eventual imprisonment

Written by Accountancy Age

The NatWest Three – innocent victims caught up in an Enron witch hunt? Guilty parties rightly banged up by a righteous US court? Martyrs for a much bigger conspiracy? Or the human face of corporate responsibility?

Read our special report on how the drama unfolded, and decide for yourself.

2007

NatWest three agree to 37 months’ jail plea
Three former NatWest bankers agree to serve 37 months in jail after pleading guilty to a wire fraud charge relating the Enron collapse

Natwest Three close to plea bargain
Bankers allegedly involved in Enron fraud two weeks away from plea bargain

Natwest Three in plea bargain talks
UK bankers accused of Enron-linked fraud in the US start plea bargain talks

Natwest Three in witness outcry
NatWest Three lawyers attack the London solicitors representing NatWest parent company RBS for involvement with witnesses

NatWest Three hit back at US authorities
British trio up on Enron charges accuse Stateside prosecutors of witholding evidence that could potentially clear their names

2006

Threat of US litigation: time to wake up
The extradition and arrest of UK executives by US authorities has raised the stakes for doing transatlantic business. Jeremy Cole sounds the alarm about US law

FDs face exposure check
The NatWest three affair is just one of around 20 extradition cases involving UK bosses. As America extends its reach, ,FDs must assess their exposure

NatWest three: tip of the iceberg?
The case of the NatWest three is not the only extradition case involving UK executives - around 20 others are in the pipeline. Finance directors must assess their exposure to the long arm of America

Former Enron CFO to turn on NatWest three
Fastow will give evidence at NatWest bankers' US trial, it emerges

NatWest bankers arrive in US to face Enron charges
Case dates back to off-balance vehicle

UK ‘Enron’ bankers lose extradition appeal
Battle lost against fast track extradition

Fraud knows no boundaries
UK firms are failing to face up to growing global fraud risks

NatWest trio lose Enron extradition case
Bankers will face US trial over their part in corporate collapse

Precedent may be set in Enron extradition case
Natwest bankers to hear ruling in battle to avoid extradition

2005

Liberty to take part in NatWest Enron case
Human Rights group Liberty to argue that NatWest Enron suspects should be prosecuted in the UK

2004

UK accountants escape Enron extradition
No UK accountants will be targeted for extradition proceedings over the Enron scandal, US Department of Justice officials have confirmed.

UK bankers face extradition over Enron charges
A judge has ruled that three UK bankers can be extradited to the US over fraud charges relating to the collapsed energy giant, Enron.

Enron extradition request slammed
Counsel for three former NatWest bankers fighting extradition to America by the Enron Task Force has derided the US request as a 'British means to an American end'.

Enjoyed this article? Help spread the word:

Comments

Reader comments for this story

Also read

White papers

Related jobs

Find your next job

Find your next job
Salary Checker

Newsletters

Sign up here for the very latest news delivered to your inbox. Choose from the following options:

Search white papers

Search white papers

Have your say

Has the credit crunch made you fear for your job?
Yes, my company says jobs will go
Maybe, if things get worse, I could be hit
No, business is quite stable

Job of the week

More finance jobs...

Your next job