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23 May 2012

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Stanford faces criminal trial in 2011

13 January 2010

Disgraced financier Allen Stanford must stand trial in January 2011 for 21 criminal charges, after a US judge expedited the case to be heard before summer of that year. But the issue of defence funding is still open.

In his 17 December ruling, US district Judge Hittner deferred a decision on the request by Stanford and three co-defendants - all former senior Stanford Financial Group (SFG) executives - for an injunction to prevent a group of Lloyd's insurers from voiding...


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