Financial Crime Financial Crime

FM Capital execs conspired with Julius Baer banker to make millions in ‘secret’ fees, London court told

By Martin Coyle
  • 05 Oct 2022 17:16
  • 05 Oct 2022 17:16
Two former FM Capital Partners executives conspired with a Julius Baer banker to defraud Libya’s sovereign wealth fund of millions of dollars in secret fees, prosecutors told a London court today.

Julian Christopher, opening the case for the prosecution against former FMC director Frederic Marino and former Julius Baer banker Yoshiki Ohmura, said

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Martin Coyle

Senior Correspondent


Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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