In a shocking growth, Luxembourg’s authorities has confirmed it won’t 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 US. 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 choice to stop 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 an intensive investigation into OneCoin .
It was an affair that had already been totally investigated in the US for numerous years. Luxembourg wouldn’t be capable to deal with this file with worldwide scope.
Any extradition intervention by Luxembourg can be based mostly on a neighborhood prison investigation, which at the moment doesn’t exist.
It was broadly anticipated that if Schneider discovered himself again in Luxembourg, he would disappear by no means to be seen once more.
Evidently upset concerning the announcement, Schneider (proper) claims Luxembourg’s authorities is “not all for 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 lively in Luxembourg.
Frank Schneider himself accuses the prosecutor’s workplace of by no means having consulted the total 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 the moment returns a default configuration web page:
The ultimate choice on Schneider’s extradition rests with the French authorities. They don’t have any motive to reject the US’ request however sadly we don’t have a timeline.
Presumably Luxembourg confirming it received’t intervene brings the French choice one step nearer to fruition.