LONDON, Dec 8 (Reuters) - A former JPMorgan investment manager and an ex-Julius Baer banker were found guilty in a London court on Thursday of defrauding a Libyan sovereign wealth fund out of millions of dollars by paying hidden fees to their own offshore companies. Both had pleaded not guilty. Ohmura, ex-global head of structured investments at Julius Baer company Global Asset Management, was in court and was also convicted of the same charge over the same period. Judge Tony Baumgartner granted Ohmura unconditional bail ahead of sentencing on Feb. 10, 2023. Reporting by Sam Tobin, Editing by Kylie MacLellan and Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.

Source: Libya Today December 09, 2022 09:35 UTC