Sunday, August 12, 2007

NatWest Three cry foul over witnesses

Lawyers for the three former NatWest executives caught up in the Enron scandal have levelled an astonishing series of allegations against London solicitors representing the bank’s parent, RBS.

The London law firm working for RBS claimed to speak on behalf of prospective witnesses who were not even aware they were represented by the solicitors, according to a document lodged in a Texas court.

The allegations come in a motion filed by lawyers representing David Bermingham, Giles Darby and Gary Mulgrew, the so-called NatWest Three, who face fraud charges in Houston stemming from their involvement in the Enron scandal. The three want the Texas court to clear the way for people who worked alongside the trio to give testimony by video from the UK.

In January, the NatWest Three’s lawyers wrote to 36 potential witnesses – people who had worked with the three or who knew something of the deals which subsequently triggered the fraud accusations. The letters asked if the individuals would speak to lawyers for the three. They were sent via Travers Smith, the solicitors who work for RBS.

Travers Smith replied saying it represented all 36, and that all but one were not willing to be contacted.

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