UK-US Extradition Treaty

I will give way to the hon. Gentleman in a moment; let me put my argument first. I will not go into the list of transactions, which are complex, but the prosecution alleges that the defendants conspired with US co-conspirators to deceive Enron into parting with $20 million, and that both Enron and NatWest were defrauded. It is alleged that the defendants got $7.3 million, which derived from Enron and represented the sale of the bank’s interest in a company called Swap Sub.