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Headline: British High Court dismisses Libor manipulation appeal

Caption: Conservative member of parliament David Davies is seen outside Royal Courts of Justice after former trader Tom Hayes appeal to overturn his conviction has been dismissed by the high court judge . Tom Hayes cis a 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,.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.

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PersonInImage: David Davies