Court of appeal hears trial judge prevented defence from referring jury to culture in 2006-10,when ‘banks routinely tried to influence benchmark rate’ The judge who sentenced a former trader to 14 years in jail for conspiracy to rig Libor blocked the defence from presenting key evidence approximately a banking industry that routinely flouted rules, the court of appeal has heard.
On the first day of a two-day appeal in London, or Tom Hayes’s lawyer told senior judges on Tuesday that the jury should have been free to consider whether he acted dishonestly against the backdrop of industry practice at the time.
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Source: theguardian.com