Europe South Asia Asia Pacific Americas Middle East Africa BBC Homepage World Service Education



Front Page

World

UK

UK Politics

Business

Sci/Tech

Health

Education

Sport

Entertainment

Talking Point

In Depth

On Air

Archive
Feedback
Low Graphics
Help

Wednesday, June 30, 1999 Published at 12:31 GMT 13:31 UK


UK

Tabloid may escape Leeson censure

Leeson was interviewed by David Frost for the BBC

The Press Complaints Commission (PCC) has said a tabloid newspaper may get away with paying £100,000 for the story of rogue trader Nick Leeson.

The Daily Mail is said to have offered a "six-figure sum" to interview Leeson, the man who brought down Barings Bank in 1995, on his release from prison in Singapore.


[ image: Nick Leeson will be freed from jail on Saturday]
Nick Leeson will be freed from jail on Saturday
He is to be freed from his maximum security jail on Saturday and is to fly back to London overnight.

Under the PCC's Code of Practice, convicted criminals are not allowed to profit from their crime. But a spokeswoman told BBC News Online that if the Mail gave the money to charity, it would sidestep the code.

"If they make a payment to charity then they are not making a direct payment to him, his family, associates or colleagues, so that would be okay," she said.

But she added: "If we get a complaint in writing then we would have to investigate it."

The Mail is believed to be consulting the PCC about how to secure Leeson's story without breaching the guidelines.


[ image: Ewan McGregor and Anna Friel at the première of Rogue Trader, a film about Nick Leeson's life]
Ewan McGregor and Anna Friel at the première of Rogue Trader, a film about Nick Leeson's life
It is thought to be considering donating the money to a cancer charity.

Leeson, sentenced in December 1995 to six and a half years in jail, has contracted cancer of the colon and has a 30% chance of dying within five years.

Last year The Daily Mail paid the parents of former au pair Louise Woodward, convicted in the US for the manslaughter of baby Matthew Eappen, a reported £40,000 for an interview.

Ms Woodward reached an out-of-court settlement with the Eappens preventing her from personally profiting from her story and is to give any payment she receives to the charity Unicef.





Advanced options | Search tips




Back to top | BBC News Home | BBC Homepage | ©


UK Contents

Northern Ireland
Scotland
Wales
England

Relevant Stories

29 Jun 99 | UK
Woodward parents charged with theft

22 Jun 99 | Entertainment
Stars back the Rogue Trader

22 Jun 99 | The Economy
How Leeson broke the bank

22 Jun 99 | The Economy
Leeson scandal 'could happen again'

21 Jun 99 | UK
Disgraced trader Leeson 'sells story'

29 Jan 99 | UK
Woodward settles legal case





In this section

Next steps for peace

Blairs' surprise over baby

Bowled over by Lord's

Beef row 'compromise' under fire

Hamilton 'would sell mother'

Industry misses new trains target

From Sport
Quins fightback shocks Cardiff

From Business
Vodafone takeover battle heats up

IRA ceasefire challenge rejected

Thousands celebrate Asian culture

From Sport
Christie could get two-year ban

From Entertainment
Colleagues remember Compo

Mother pleads for baby's return

Toys withdrawn in E.coli health scare

From Health
Nurses role set to expand

Israeli PM's plane in accident

More lottery cash for grassroots

Pro-lifers plan shock launch

Double killer gets life

From Health
Cold 'cure' comes one step closer

From UK Politics
Straw on trial over jury reform

Tatchell calls for rights probe into Mugabe

Ex-spy stays out in the cold

From UK Politics
Blair warns Livingstone

From Health
Smear equipment `misses cancers'

From Entertainment
Boyzone star gets in Christmas spirit

Fake bubbly warning

Murder jury hears dead girl's diary

From UK Politics
Germ warfare fiasco revealed

Blair babe triggers tabloid frenzy

Tourists shot by mistake

A new look for News Online