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Financier Crispin Odena conducted an unexpected visit to the court, where the former boss of Barclays Jes Staley challenges the British financial regulatory body over the accusations that have downplayed links to the late sex offend Jeffrey Epstein.
Zey that faces his the self -coercive measure From the United Kingdom's financial behavior in a separate investigation, he briefly entered the courtroom in London after the end of the proceedings on Thursday and spoke to the lawyer Staley.
Odena founded by the Hedge Fund Oden Asset Management is charged with women from Multiple numbers of sexual offense for decades. The financier is currently fighting the claim to the Civil Court filed by five of his alleged victims.
He also issued an entitlement to an insult to honor against the Financial Times, who reported the accusation of the various women he denied.
Oden's appearance came after a Four -day cross -examinationn staley in sometimes heated exchanges with FCA advisor. The case with a high share included the testimony of Governor Bank of England Andrew Bailey and chairman Barclays Nigel Higgins.
Staley's legal team did not expect a visit to Odena in court according to one person who is familiar with the situation.
Odena was warned by FCA last year that it intends to act against him because his behavior after accusation of a sexual offense has shown a “lack of integrity”.
FCA does not investigate accusations of a sexual offense against Oden. The watchdog focuses on the reaction of Odena to the attempts of his company to deal with his alleged behavior.
Oden has the right to question the decision of the regulator that is not yet final. FCA said on Friday that she was still preparing for potential steps against Oden.
Oden refused to comment on FT because of his visit to the courtroom in the case of Staley. He did not respond to a subsequent request looking for a comment on the FCA. The attorney for Staley refused to comment on Oden's appearance.
Staley, 68, is trying to overturn the ban and the fine that FCA imposed for his alleged allowing Barclays to mistake the regulator about his relationship with the late sex offense in the 2019 letter. The letter describes the couple's relationship as not close.
Epstein died in a prison cell earlier this year and was waiting for a court of accusation of sex trading. Previously, he confessed to Florida to accusations, including the request of a minor.
Staley told the court during his fifth and last day of testimony on Friday that his Career has been “ended” by a letter that FCA said he had approved.
“I haven't been able to work since then,” he said.
Staley, interviewed by his lawyer, said he had to deal with “Epstein's problem”, while in the helm of one of the largest British financial institutions.
Barclays described as a “bad place” before his appointment CEO in 2015.
“We failed to meet the requirements of regulatory bodies,” Staley said. “Obviously, the expectations of shareholders did not meet.” He had legal problems, had structural problems, had morals. ”
Turning the bank took “an extraordinary amount of time and effort and passion,” he said.
“While we had this problem.” . . No one should miss the second that I did it all when I ran and tried to repair the main British institution. ”
