London jury acquits Libor brokers of fraud

The former traders were accused of working with Tom Hayes to fix the benchmark

scales-justice-legal
Acquitted: the brokers stood trial at Southwark Crown Court, where the SFO is conducting its investigation

Six former brokers accused of conspiring with Tom Hayes to manipulate the London Interbank Offered Rate (Libor) were found not guilty by a London jury on January 27-28, in a major blow to the UK's Serious Fraud Office (SFO) and its director who had said the Libor probe was his priority.

Icap brokers Colin Goodman, Danny Wilkinson and Darrell Read, Noel Cryan from Tullett Prebon and RP Martin's James Gilmour and Terry Farr were acquitted on all counts and released.

The brokers stood trial at

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