Manslaughter charges over man's death in Southampton in 2023
Previously Mr Cilliers' family paid tribute to the "loving father and great friend who would do anything to help others".In a statement, they said: "After a rough year, his life was looking up. He'd started a new job, which he loved."He will be sorely missed and loved forever."
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The Independent
28 minutes ago
- The Independent
Gunman convicted of murdering young man near Damilola Taylor Centre
A gunman has been found guilty of fatally shooting a young man in the head in an alleyway near the Damilola Taylor Centre. Jesse Lloyd-Smith, 20, was found by his mother fatally injured yards from their home in Peckham, south-east London, on July 10 2024. The killer, 19-year-old Gabriel Charles, travelled to the scene in an Ford S-Max car which was burnt out days later. The defendant, who fled the country after the shooting, had denied being present at the scene of the killing. On Thursday, a jury at the Old Bailey found Charles, from Southwark, south London, guilty of murder. Co-defendant Kywan JN Pierre, 18, from Selhurst, south London, was cleared of murder but convicted of plotting to pervert the course of justice. Five others were found guilty of helping dispose of evidence as the killer sought to evade justice. Previously, the court had heard how the silver-coloured Ford S-Max had driven slowly towards the alleyway at around 4.50pm last July 10. Prosecutor James Dawes KC had said: 'The S-Max passed the Damilola Taylor centre, turned the corner and stopped.' The gunman got out of the S-Max and ran towards the victim, firing at least five shots as he went, jurors had heard. Mr Dawes had said: 'Some of the shots hit Jesse knocking him to the ground. The gunman ran back to the car which drove away.' The victim's mother, Ty Lloyd-Smith, was in her flat only yards away and heard the noise of shots. Mr Dawes said: 'She saw the shooter but what she could not see was her son because he was in the alleyway. She feared the worst and she shouted out Jesse's name.' She ran downstairs to find her son lying on the ground, shot in the head, jurors heard. His friend, Jamie Burgess, was frantically trying to help him and told police a person called 'S' was involved. The victim was taken to hospital for emergency surgery but he died the next day. A search of the scene, with dogs, led to the recovery of four spent cartridges and two unfired bullets all from a 9mm automatic pistol. The shooting was partly captured on CCTV footage although it was from some distance away, Mr Dawes said. Ben Nguyen, 20, of no fixed address; Enver Francis, 22, from Southwark; Abdoul Guene, 18, from Peckham; Kadjo Kadio, 21, from Dartford; and a 17-year-old youth, who cannot be identified, were found guilty of conspiring to pervert the course of justice by removing the Ford S-Max car and destroying it by fire two days later. Kadio, who voluntarily absented himself from the trial, and Nguyen were convicted of assisting an offender. Damilola Taylor, 10, was fatally stabbed in in Peckham, London, on November 27 2000.
The Independent
28 minutes ago
- The Independent
What does the overturning of a City trader's fraud conviction mean for deregulation?
Tom Hayes, the former City trader who was jailed in 2015 for his part in rigging inter-bank interest rates, the so-called Libor scandal – was a patsy. The former UBS and Citigroup trader was convicted and sentenced to 14 years in prison, later reduced to 11. This week, that conviction was quashed by the Supreme Court. I'm all for white collar criminals getting their just desserts, but Hayes' penalty always seemed more than a little excessive. It is more than twice what the rogue trader Nick Leeson got for bringing down Barings Bank. However, proportionality never came into this. Hayes' trial was designed to deliver a head on a plate to a public that was justifiably angry about what the City was getting up to after the bankers nearly crashed the economy. There was a widespread feeling that overpaid boys – and they were mostly boys – with massively inflated egos and little sense of morality were thumbing their noses at the rest of Britain, which was just starting to feel the impact of the then-government's austerity policies. But Hayes, who ended up serving five-and-a-half years, had nothing to do with that crisis, and contributed not a whit to austerity. Libor – the interest rate at which key banks were willing to lend unsecured loans to each other – was unregulated at the time, which also wasn't Hayes' fault, but rather an issue for the politicians and regulators who were asleep at the wheel. It did ultimately set the rate for a number of loans, including some mortgages, but the day-to-day activities of Hayes and his peers didn't have much effect on what ordinary borrowers paid. No one was able to convincingly show any, otherwise we would have seen a string of compensation claims. The chief losers were likely other trading desks, which were often playing the same game anyway. That's not to justify what went on. Cheating is still cheating, and the whole business knocked confidence in the City and its markets. But, then, the whole system was a joke. 'Tom Hayes' penalty always seemed more than a little excessive. It is more than twice what the rogue trader Nick Leeson got for bringing down Barings Bank' (PA Wire) Libor was set based on what some rube at Bank A estimated would be their cost of borrowing from other banks. These were put together, and a daily rate declared. If a hotshot trader got in touch, suggesting that the Libor guy tweak their Tuesday submission to help their trading position, they tended to comply. This is how the scandal got going. Needless to say, all this was unregulated. Yes, you read that right. Stupid is as stupid does, and this was really stupid. The Financial Services Authority, which was then the City's chief watchdog, ended up using failings in systems and controls and violations of its principles of business to justify the chunky fines it ultimately levied on the banks involved. Back to Hayes: the Supreme Court didn't completely exonerate him. It said there was 'ample evidence' during the trial that could have led to a conviction. But the judges raised issues with the trial judge's summing up, the directions given to the jury, and the impact it had on Hayes' defence. This was deemed to be unfair and the conviction unsafe as a result. It wouldn't be a surprise to see the other seven convicted traders up next. Similar cases have also been quashed in the US. The whole deck of cards is collapsing. The Serious Fraud Office said it would not seek to re-try Hayes or Carlo Palombo, another former trader, at Barclays, who received a four-year sentence for manipulating another benchmarked interest rate, Euribor, but has also won his appeal. They've done their time, and it's unlikely that the taxpayer will be coughing up any compo. Best sweep this one under the carpet because who wants all that stupid aired in public again, right? Here's the problem. The government had promised to deregulate financial services in the hope that reducing its oversight of the financial sector would light a fire under the City of London, boost the UK's stalling economy and bring in the tax revenues that the Treasury is in dire need of. This will likely involve loosening the rules governing the conduct of senior bankers that were ushered in following the 2008 credit crunch and the wave of scandals that followed in its wake, including interest-rate fixing. Can you see the problem with that? I think Andrew Bailey, governor of the Bank of England, can. Earlier this week, he advised the Treasury select committee that any big reforms to dramatically loosen City regulation – what the chancellor Rachel Reeves described in her Mansion House speech as a "boot on the neck" of business – and encourage more risk-taking might actually do more harm than good. He hinted that it might even trigger another financial meltdown. If traders can find an edge, an opening, they will jump on it. It was ever thus. They had good reason to think they had with Libor and that they were okay because there weren't any proper rules in place at the time. Their bosses will either turn a blind eye, just as they did then, or quietly encourage it, especially if the numbers come up good. And when this results in another scandal, there will be fines, which banks see as the cost of doing business, and an attempt to find another Tom Hayes to carry the can. The supervising bosses, who do the hiring and set the culture and who are supposed to be on top of what their banks are up to, will ride out the storm and pocket their bonuses as they always have. Justice, of a sort, has been served this time. But as for all that talk we heard about lessons being learned? They never are.
The Guardian
28 minutes ago
- The Guardian
Letter: Lord Blair of Boughton obituary
During Ian Blair's time as chief constable in Surrey, I was the director of social services there. He excelled in working with colleagues from closely related public services. Together, and with colleagues, we worked to reopen once 'buried' difficult child abuse investigations, and to try and track down suspected perpetrators in residential care. With the probation service he introduced successful reparatory justice initiatives. He was a model of a new style of police leadership: personally and professionally open and engaging with colleagues.
