Leroy King loses another battle, but extradition still stalled

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Leroy King, the man accused of facilitating the US$7 billion Ponzi scheme by convicted fraudster, R. Allen Stanford, lost yet another legal battle in which he is seeking to prevent his extradition to the U.S. on multiple allegations.
However, it doesn’t appear he will be facing a U.S. court anytime soon, because his lawyer, Dr. David Dorsett, said they will be challenging the latest ruling of the Court of Appeal.
“We had applied for leave to appeal to the Privy Council that was denied for several reasons, but essentially, the court was of the view that our application would not succeed because the decision that they made, dismissing Mr. King’s appeal, in their view, was not a final decision. We hold a different view and that matter now has to be ventilated in the Privy Council,” the lawyer said.
He added that he has 56 days to file the application before the London-based court that is Antigua and Barbuda’s final appellate court.
“Whilst an appeal is pending or there is still an opportunity to appeal there is an automatic stay by the Extradition Act so that is the current state of affairs,” Dr. Dorsett said.
He simplified it by saying this means no one can extradite King to the U.S. at his stage because the challenge to the extradition is still a “train in motion.”
At a court hearing late last year, the Director of Public Prosecution, Anthony Armstrong, argued that an appeal on behalf of King had already been turned down and there is every likelihood that an appeal to the Privy Council would meet with the same fate.
On that day, the police detained King in preparation for his extradition as U.S. officials were said to be here waiting for him to be delivered. However, he applied for, and obtained, a Stay of Execution pending appeal.
It’s been almost 10 years since King has been fighting, through the courts, against the request of the United State to extradite him on 11 wire and mail fraud charges for allegedly facilitating the US$ 7 billion Ponzi scheme that was orchestrated by Allen Stanford.
It is alleged he turned a blind eye to breaches by the Stanford International Bank Limited (SIBL) while he was chief at the Financial Services Regulatory Commission (FSRC).
Stanford is currently serving 110 years in jail for the scheme that was done through the now- liquidated SIBL.

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