PREVIEW

Tom Hayes, a former trader for UBS and Citigroup who was sentenced to 14 years in prison (reduced to 11 years on appeal) for dishonestly manipulating the London Interbank Offered Rate (Libor)[2] as part of the Libor scandal, is seen arriving outside Royal Courts of Justice after his appeal to overturn his conviction has been dismissed by the high court judge . A recent book by BBC journalist Andy Verity claims sentencing in Libor Scandal may be an attempt to scapegoat traders as a cover up to protect the UK government, The Bank of England, Banque de France, Banca d'Italia and many more.