July 21, 2006

Ex-British bankers must stay in US until trial

HOUSTON (Reuters) - Three former British bankers charged in
an alleged Enron-related swindle will not be allowed to return
to Britain pending trial, a U.S. judge ruled on Friday.

U.S. Magistrate Judge Stephen Smith said David Bermingham,
Giles Darby and Gary Mulgrew, former National Westminster Bank
employees, would have to remain in the United States until
their trial, which is scheduled to begin in September.

The three men were extradited from Britain last week under
a under a treaty critics say favors the United States.

They face wire fraud charges for an alleged conspiracy with
former Enron Chief Financial Officer Andrew Fastow to enrich
themselves at their employers' expense.

All three pleaded not guilty last week and remain free in
Houston under bond while wearing electronic tracking devices.