By Press Association 2021
Crispin Odey
A multimillionaire hedge fund manager accused of groping a junior investment banker “like an octopus” at his London home while his pregnant wife was away has said he was open to sleeping with the “attractive” younger woman, but denied indecently assaulting her.
Crispin Odey, 62, said he was “ashamed” and “embarrassed” by the incident in summer 1998 at his home in Swan Walk, Chelsea, west London.
But he told Westminster Magistrates’ Court the woman, who cannot be identified for legal reasons, was “exaggerating, massively” in her account of what happened.
Odey, who was 39 at the time, while the woman was in her mid-20s, is alleged to have put his hand down her shirt to touch her breast and to have put his hand up her skirt.
By Press Association 2021
British tech tycoon Michael Lynch arriving at Westminster Magistrates’ Court, London
A British technology tycoon should not be sent to the US to face charges of multibillion-dollar fraud, and should instead be dealt with in a UK court, his lawyer has told an extradition hearing.
Michael Lynch is wanted by American authorities over the sale of his software company Autonomy to Hewlett Packard (HP) in 2011 for 11 billion dollars (£8.5 billion), which resulted in heavy losses for the US firm.
US authorities claim Mr Lynch deliberately overstated the value of his company, which specialised in software to sort through large data sets.