Three former NatWest bankers lost an appeal today against extradition to the US over fraud charges related to collapsed US energy firm Enron.
The judgment said there was no sufficient basis upon which the extradition request ought to have been refused on proportionality grounds.
The bankers - David Bermingham, Giles Darby and Gary Mulgrew - had appealed against British Home Secretary Charles Clarke's decision to allow their extradition to face trial in the US. The trio also lost an appeal for Britain's Serious Fraud Office to review their case.
The three, who worked for NatWest Bank, now part of Royal Bank of Scotland, are alleged to have conspired with Enron executives, including former Chief Financial Officer Andrew Fastow, over the sale of a stake in an Enron entity in 2000, which made them $7.3m. The former bankers deny the allegations.
