John Fitzpatrick has been sentenced today at Sheffield Crown Court to 6 years' imprisonment for theft and fraud offences. He pleaded guilty on 11 November 2013 to two charges of obtaining money transfers by deception and seven charges of theft representing £1,157,000.
Criminal proceedings by the Serious Fraud Office have commenced today against three former employees at Barclays Bank Plc, Peter Charles Johnson, Jonathan James Mathew and Stylianos Contogoulas, in connection with the manipulation of LIBOR.
The Director of the Serious Fraud Office and the Director of Public Prosecutions have today published a joint code of practice on the use of Deferred Prosecution Agreements (DPAs). DPAs become available to prosecutors from 24 February.