Five Former Barclays Traders' Rate-Rigging Convictions Quashed
UKPulse News Desk
The convictions of five former Barclays traders, who were previously jailed for rigging interest rates, have been overturned by the Court of Appeal.
- Five former Barclays traders had their interest rate-rigging convictions quashed.
- The Court of Appeal overturned the convictions due to 'unfair errors' in their trials.
- The errors were attributed to a 'wrong turn' in the legal process.
The convictions of five men previously jailed for rigging interest rates have been overturned by the Court of Appeal. The decision follows a determination that a 'wrong turn' led to 'unfair errors' in their original trials.
The former Barclays traders had been imprisoned for their involvement in the interest rate rigging scandal. Tears were reportedly shed outside the court following the quashing of the convictions.