Hostile witnesses hold keys to banking justice
Published 06/06/2011 | 05:00
I'M appalled at the apparent inability of the authorities to prosecute those responsible for the bank debacle.
Most of the problem seems to stem from the reluctance of the powers that be to arraign as compellable witnesses those who can provide the necessary evidence for convictions.
These people can be treated as hostile witnesses and cross-examined under oath (or affirmation) by the prosecution and forced to answer under the threat of contempt of court. If they lie to the court, they can then face a charge of perjury.