In a shocking improvement, 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 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, said his authorities had
no authorized possibility to stop the extradition of a Luxembourg citizen who wouldn’t be on Luxembourg territory.
The premise of the choice was put all the way down to Luxembourg being unable to conduct a radical investigation into OneCoin .
It was an affair that had already been absolutely investigated in the US for a variety of years. Luxembourg wouldn’t have the ability to deal with this file with worldwide scope.
Any extradition intervention by Luxembourg could be primarily based on a neighborhood felony investigation, which presently 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 fascinated about his case”.
When RTL contacted Schneider’s Luxembourg lawyer, Lydie Lorang, she said;
The judiciary on this nation may 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 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 presently returns a default configuration web page:
The ultimate choice on Schneider’s extradition rests with the French authorities. They haven’t any cause to reject the US’ request however sadly we don’t have a timeline.
Presumably Luxembourg confirming it gained’t intervene brings the French choice one step nearer to fruition.
