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Last Updated: Thursday, 4 March, 2004, 19:09 GMT
PA stole 'because she was dying'
Joyti De-Laurey
Joyti De-Laurey denies the charges against her
A City PA claimed she stole from her bosses because she was dying from cancer and wanted to provide for her son, Southwark Crown Court has heard.

Joyti De-Laurey, 35, also blamed her "unsatisfactory" marriage, in a meeting with Goldman Sachs' security officials.

The court heard Mrs De-Laurey admitted buying 11 properties for a total of 1m and giving 880,000 to charities.

In a continuing case Mrs De-Laurey, of North Cheam, Surrey, denies stealing nearly 4.5m from several bankers.

Investigators said Mrs De-Laurey went on to tell them that, apart from a couple of holidays, the rest of the money she allegedly took was "frittered away" on "nothing big".

'Thoughtful and remorseful'

But the Crown claims her spending sprees included a 300,000 Cartier collection, designer clothes and expensive cars.

The secretary is also alleged to have been planning a new life in a 750,000 villa in Cyprus as well as putting down a deposit on a V12 Aston Martin Vanquish and ordering a 150,000 power boat.

Goldman Sachs' regional security officer Jim King told the court the amount of money Mrs De-Laurey claimed she had taken did not tally with the amount initial investigations suggested was missing.

He said during a face-to-face meeting she made admissions "progressively in a calculated way" despite seeming "thoughtful and remorseful".

Mr King said: "It also became increasingly clear to me that we were only being given information as we asked specific questions.

"This was not a process of someone volunteering to completely tell us absolutely everything."

Not guilty pleas

Goldman Sachs' human resources manager Andrew McEachern said Mrs De-Laurey had mentioned the need for a hysterectomy but the court has already heard that at the time she was supposed to be having the operation she and her family were staying in a plush Beverley Hills hotel.

The Crown alleges that Mrs De-Laurey also stole more than 1m from Ron Beller, 41, another former partner and managing director at Goldman Sachs and his wife Jennifer Moses.

Mrs De-Laurey denies a total of 21 charges of obtaining money for transfers by deception using "false instruments", between 27 June, 2000, and 26 April, 2002.

Her husband Anthony, a 50-year-old former chauffeur, and her GP mother, Dr Devi Schahhou, 67, of Hampstead, north-west London, have each pleaded not guilty to associated money laundering charges.

The trial was adjourned until Friday.




SEE ALSO:
PA 'siphoned house deal cash '
03 Mar 04  |  England
PA 'was paid to cover up affair'
02 Mar 04  |  London
City banker 'did not give PA 1m'
27 Feb 04  |  London
Banker's 'generosity' towards PA
27 Jan 04  |  London
'Luxury trip during sick leave'
21 Jan 04  |  London


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