Exchange Chambers

Andrew Jebb secures acquittal for client in major money laundering trial

Andrew Jebb, a barrister at Exchange Chambers, has secured an acquittal for his client, Ian Goodison, in a major money laundering trial.

Mr Goodison was accused of using his commodity trading business in Lancashire to launder three sums of stolen money. The first two were relatively modest amounts of £175k and £200k but the last sum was 30 million euros which had been electronically stolen from HSBC in London on the 17^th April 2008 as part of a larger theft of 90 million euros. The original theft of the 90 million was labelled Britain’s biggest ever bank robbery. There were 3 defendants.

The main defendant in the case, Robert Hulme, was already serving a long sentence for VAT fraud and pleaded guilty.  He is yet to be sentenced.  The second defendant, Andrew Beveridge, came to work for Mr Goodison and began to try commodity trading. He was convicted of all charges and was sentenced to 8 years.

Mr Goodison, represented by Andrew Jebb, was acquitted of all charges at Southwark Crown Court.