In a shocking growth, Luxembourg’s authorities has confirmed it is not going to contest Frank Schneider’s extradition.
As per a November seventh report from RTL;
Luxembourg couldn’t forestall the extradition of former SREL worker Frank Schneider to the USA. That is what each the Prime Minister and the judiciary say.
The query of whether or not the federal government would intervene was put to parliament. Xavier Bettel, Luxembourg’s Prime Minister, acknowledged his authorities had
no authorized possibility to forestall the extradition of a Luxembourg citizen who wouldn’t be on Luxembourg territory.
The idea of the choice was put right down to Luxembourg being unable to conduct a radical investigation into OneCoin .
It was an affair that had already been totally investigated in the USA for plenty of years. Luxembourg wouldn’t have the ability to deal with this file with worldwide scope.
Any extradition intervention by Luxembourg can be primarily based on an area prison investigation, which at present doesn’t exist.
It was extensively anticipated that if Schneider discovered himself again in Luxembourg, he would disappear by no means to be seen once more.
Evidently upset in regards to the announcement, Schneider (proper) claims Luxembourg’s authorities is “not inquisitive about his case”.
When RTL contacted Schneider’s Luxembourg lawyer, Lydie Lorang, she acknowledged;
The judiciary on this nation might have opened an investigation for cash laundering.
In spite of everything, Frank Schneider’s firm “Sandstone” was additionally energetic in Luxembourg.
Frank Schneider himself accuses the prosecutor’s workplace of by no means having consulted the complete file of the case.
Individually, Intelligence On-line is reporting that Schneider’s Sandstone agency has “shut down”.
Makes an attempt to go to SandStone’s web site at present returns a default configuration web page:
The ultimate determination on Schneider’s extradition rests with the French authorities. They don’t have any cause to reject the US’ request however sadly we don’t have a timeline.
Presumably Luxembourg confirming it received’t intervene brings the French determination one step nearer to fruition.
