An ex-Credit Suisse Group banker who was found guilty of espionage in Romania is suing the lender for $89.5 million (68 million pounds), saying that he can’t even apply for a job driving for Uber. In a London court hearing Monday, the lawyers for the bank applied for an early dismissal of the claim, saying it had no real prospect of success. Vadim Benyatov was arrested in Romania in 2006 while working for the Swiss bank on privatizing state utility companies. In a court filing, he said he was rousted in an early morning raid of the Bucharest Hilton by Romanian secret police wielding machine guns before being put in a jail cell with “two heroin dealers and a serial burglar.” He was later released and placed under house arrest in Bucharest. After nine years of legal proceedings, the former managing director was dismissed by Credit Suisse in 2015 following his criminal conviction by Romania’s Supreme Court. He has remained a fugitive and resides in Los Angeles after leaving Europe in 2015 when a European Arrest Warrant was issued for him. He’s suing the bank, saying it failed to intervene to help him during the legal proceedings. He says his… Read full this story
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