Madoff case in US seeks evidence from Irish-based bank employee
A group of investors who have brought proceedings in the US courts over losses they claimed were caused following the collapse of Bernard Madoff's investment companies have obtained permission of the High Court to have an Irish bank employee give evidence in their action.
A court in New York was today granted permission to take evidence from a witness in a case brought over the alleged negligent operation and management of Optimal Strategic US Equity Ltd Fund, which is based in the Bahamas.