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The Supreme Court in the UK abolished the extradition of the United States accused of insider trade by an unusual decision by British judges to restrain US justice.
The highest court in the UK on Wednesday ruled in favor of Joseph El-Khouri, which US prosecutors claimed to have earned $ 2 million in earnings from Insider tradition conspiracy.
El-Khouri, a double British and Lebanese citizen who lives in the UK, has been charged in New York in 2019 and has been charged with obtaining the interior of information about potential coupling and acquisitions of a company in New York.
Manhattan US lawyer claimed that he had paid an intermediary for information in cash and gifts, including a yacht in Greece, a glass in France and a hotel room in New York, and traded through British broker “contracts as a difference.”
El-Khouri resisted extradition and accused US authorities of excessive phenomenon, claiming that anything with the United States were Sukirna because alleged abuse was happening in London.
The lower court had previously allowed his extradition after hearing in 2021, and the Government of the UK ordered El-Khouri to be sent to the United States. The initial appeal of traders in the High Court in London failed.
However, the Council of the Five High Judges, led by Supreme Court President Lord Robert Reed, unanimously judged unanimously in his favor on Wednesday, blocking his removal on the basis of the alleged crime happened outside the USA.
The court noted that the British financial behavior was conducted by the El-Khouri investigation between November 2016 and January 2018, but concluded that there was not enough evidence to process it.
El-Khouri’s lawyer, Richard Cannon of S
He added that the decision “represents an important check of excessive appearance of American authorities.
The US State Department in London did not immediately respond to the commentary request.
