The CBI's director-general has criticised the government for failing to protect British executives from a "wholly unjust" extradition treaty with the US.
Speaking at the annual FDs' Excellence Awards in London last month, Sir Digby Jones pointed out that any British citizen suspected of a US-linked white-collar crime could be held without charge in a US jail for up to two years.
Jones called for a repeal of the 2003 extradition treaty between the two countries and branded the US administration "bullies". The treaty, originally intended as an anti-terrorism measure, is routinely being used to detain suspects in corporate fraud investigations.
He told the audience of 400 that the US didn't have to present a prima facie case to the UK courts. Instead, British suspects could be extradited and held on remand while investigations took place.
"It's wholly unjust that defendants in the Enron case can walk to court each day, whereas British citizens suspected of financial crimes can be locked up for two years while investigators try to put a case together," said Jones, who added...