Friday, October 18, 2013

LIBOR Media Advisory Note: Strictly Not For Publication

From the Attorney General’s Office:

Media Advisory Note: strictly not for publication
17 October 2013

Current LIBOR trials

Former Citigroup and UBS Trader Tom Hayes has been charged with eight counts of conspiracy to defraud. These charges arise from the on-going LIBOR investigation. A Plea and Case Management Hearing is listed for the 21st October at Southwark Crown Court. Two other defendants charged with LIBOR related offences, Terry Farr and James Gilmour, will also be appearing on that date.

Editors and publishers are reminded of their responsibilities under the Contempt of Court Act 1981.The Attorney General is conscious that this case will be of particular interest to City and financial journalists who may be less familiar with the law of contempt then colleagues who more regularly report on the criminal courts. The Attorney General asks that editors and publishers take steps to ensure all online and hard copy editions of their publications avoid any commentary or reporting which may pose a risk of breaching the Contempt of Court Act.

In particular, the Attorney General draws attention to the risks in publishing material that asserts or assumes, expressly or implicitly, the guilt of an accused person or that otherwise interferes with the administration of justice in this case – such as by pre-empting the decision of the trial Judge or Judges as to the evidence to be called before the jury.

Editors and publishers should take legal advice to ensure they are in a position to fully comply with the obligations they are subject to under the Contempt of Court Act 1981.

Ironically you can read the names that the Wall Street Journal were forced to pull from their website by a Court Order in the bastion of freedom that is China. They are in the print edition of the WSJ Asia Edition..

Wall Street Journal Censored by UK Judge

wsj-censored

You can read the judge’s order here. Extraordinary that we can’t report the names of alleged LIBOR fraudsters, this is against the principles of open justice and freedom of the press. Even more extraordinary is that it was the Serious Farce Office that invited the defendants to apply for reporting restrictions. The prosecuting authority encouraged the defendants to seek anonymity. Bonkers…


Seen Elsewhere

Russell Brand’s New Book “Sub-Undergraduate Dross” | Telegraph
Tory MP Barrister Represents Monaco Billionaire | Scrapbook
MOBO Singers Slam UKIP | ITV
Could UKIP Keep Britain in the EU? | Iain Martin
Why Piketty is Wrong | ConHome
Guido Whips Politicians Into Shape | Guardian
Milburn Levelling Down | Kathy Gyngell
Crosby and Carswell Make Friends at Guido’s Dinner | Mail
Mrs Danczuk Beats Mensch to Win Guido | Telegaph
PM Congratulates Blogger Who Destroyed Minister | Mail
UKIP’s Promise to Defectors | Alex Wickham


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Rob Colvile reviews Russell Brand’s new book:

“Oddly, the person I feel sorriest for isn’t Brand himself – although he certainly comes across as a rather pitiable figure, projecting his own brokenness on to the world around him – but Johann Hari. Drummed out of Fleet Street for plagiarism, the former Independent columnist has washed up as “my mate Johann, who’s been doing research for this book”. For a genuinely talented polemicist, it would have been a humbling experience to have to treat this sub-undergraduate dross as the scintillating wisdom of a philosopher-king.”



Mycroft says:

Have you read the last bit of Animal Farm?

You know where the animals are looking through the Farmhouse window?

My TV screen was that window at lunch-time today.

Be careful, the sudden self-congratulatory tone, the slightly pudgy outline of indulgence and you become exactly what you should despise.

The jolly face of the Quisling Cameron poses for your camera has mesmerised and deceived you, you who were once not so deceived.

You were no firebrand, you were a damp squib in my opinion, sorry.

You need a damned good kick up the ahse!


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