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View Full Version : Court Rejects Nomura Asset Seizure Amid Doubt on Paschi Fraud - Bloomberg



FraudNews
07-15-2013, 01:53 PM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHgcsVkPv2_5HykjM7uVx n1pv98Ogamp;url=http://www.bloomberg.com/news/2013-07-15/court-rejects-nomura-asset-seizure-amid-doubt-on-paschi-fraud.htmlbCourt Rejects Nomura Asset Seizure Amid Doubt on Paschi bFraud/b/b/abr /font size=-1bfont color=#6f6f6fBloomberg/font/b/fontbr /font size=-1Judges said there is “strong doubt” that Nomura committed bfraud/b when it arranged the transaction and there#39;s no evidence of usury based on international market practice on repo and swap transactions. Still, Paschi should have booked a 220 million-euro b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=dZtmrQCN7mmt0CMamp;ned=en_zanobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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