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Rogue Spanish trader says no to US extradition

A former JPMorgan bank trader arrested in Spain refused Friday to be extradited to the United States where he faces criminal charges in the massive "London Whale" fraud scandal.

Rogue Spanish trader says no to US extradition
Former JP Morgan trader Javier Martin-Artajo leaves the National Court in Madrid on Friday. Photo: Gerard Julien/AFP

Spanish national Javier Martin-Artajo told Spain's National Court that he did not consent to be extradicted voluntarily to face charges because the crimes he is accused of took place in Britain not in the United States and because he has roots in Spain, a court source told AFP.

"He also asked the judge to request more information about the case from the United States," the source added.

If the judge requests more information, the United States has 30 days to reply, the source said.

Martin-Artajo is accused of being the senior figure in the 2012 trading scandal involving US$6.2 billion (€4.6 billion) in trading losses at the US banking giant.

US federal prosecutors in August filed criminal charges against Martin-Artajo and another former JPMorgan employee, Frenchman Julien Grout, alleging they kept false records on trades, committed wire fraud and submitted false US securities filings when they worked for the bank in London.

A third ex-JPMorgan banker, French national Bruno Iksil – originally identified as the "London Whale" responsible for the trades – was cleared of criminal responsibility after cooperating with prosecutors.

Spanish police arrested Martin-Artajo Rueda on August 27th on an international warrant and released him on condition that he check in with the National Court every two weeks and remained in Spain pending a ruling on extradition.
 

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SPAIN

Suspect in Spain police slaying agrees to be extradited to Italy

A Serbian-born man arrested in Spain over the killing of three men agreed on Sunday to be extradited to Italy where he is wanted for robbery and murder, a Spanish court said.

Suspect in Spain police slaying agrees to be extradited to Italy
Officers at the scene in the aftermath of the shooting. Photo: Guardia Civil/Twitter

Police arrested Norbert Feher on Friday in a rural area of Teruel province in the northeastern region of Aragon, where the slaying of two police officers and a rancher happened a day earlier.

During questioning by a judge, the 36-year-old said he had been in Spain since September and agreed to be sent back to Italy, the Superior Court of Justice of Aragon said in a statement.

The court said Italy could ask for him to be temporarily returned so he could stand trial for homicide and robberies before serving a possible prison sentence in Spain for the triple murder.

The Spanish judge took the testimony of Feher, who Italian media said was nicknamed “Igor the Russian”, to comply with a European arrest warrant Italy had issued for him.

Spanish police said he was in possession of three firearms at the time of his arrest, two belonging to the slain officers.