Well-placed sources within the Ministry of Foreign Affairs have confirmed to OBSERVER media that US Marshals are on the ground and completing the necessary paperwork for the extradition of 73-year-old Leroy King.
Police and immigration officers swooped down on King’s residence at the Marina Bay complex last evening and escorted the declared ‘fugitive at large’ to police headquarters.
King, the former head of the Financial Regulatory Services (FSRC) is set to be escorted to the United States as early as today on American Airlines. There, he will face 11 wire and mail fraud charges.
In 2009, he had been charged by United States authorities with committing acts of facilitation in the US $7 billion Ponzi scheme involving the already-convicted R Allen Stanford.
King’s attorney, Dr. David Dorsett, appealed to the Cabinet of Antigua and Barbuda this past Wednesday for a “time extension” in his client’s process for extradition. His request was denied, as it was deemed “inappropriate” by the Attorney General Steadroy Benjamin.