Extradition of former FSRC boss still in limbo

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It will be a while before US officials can have the extradition request fulfilled for the return of Leroy King, the former administrator of the Financial Services Regulatory Commission (FSRC) who is wanted for fraud.
That’s because he has two legal challenges pending in the High Court and Court of Appeal in relation to an extradition order granted some years ago for him to be sent to the US to face 10 charges of wire, mail and securities fraud and money laundering among other offences.
Attorney General Steadroy “Cutie” Benjamin confirmed that he met with US officials, including a US Marshal, last week, who had come to Antigua for an update on King’s extradition and to ascertain why the process has been delayed for so long.
Benjamin said, “Due process will be allowed to continue. Under Section 15 of the Extradition Act it is very clear that once there is judicial review in progress all matters must be concluded before any action is taken and I believe the other side has accepted that.”
The minister of legal affairs said the officials subsequently left Antigua – without King.
The former FSRC boss is wanted in the US to answer alleged crimes linked to the Allen Stanford US $7 billion Ponzi Scheme.
US officials have been seeking King’s extradition since 2009, while Stanford is already serving a 110-year jail sentence following his conviction several years ago.

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