Another very interesting item hits the desks of the Authenticateit offices! Nick Leeson the infamous Barings Bank Rogue Trader, worn trading jacket, while various jackets that have been sold via auction house’s over the past years, Nick Leeson has confirm this is the ONLY worn jacket that was official his that has ever been for sale, others belonged to his trading staff and have been passed off as being his, which he has confirmed this is not the case, Nick Leeson has given a statement below, to which a signed statement from Nick Leeson will be given with the Jacket when sold. please email: email@example.com
Baring Futures Trading Jacket
I Nick Leeson can state that this is the only trading jacket that I can confirm as having been owned and used by myself. Whilst there have been a number of jackets that have been either auctioned or sold over the years, these have all been the jackets of other members of Baring Futures. Some of the newer jackets contain the initials of the trading mnemonic of that particular member of staff. One Jacket, sold several years ago at auction was allegedly mine. I can state categorically that was not the case as I was asked by the purchaser through a friend to confirm the authenticity of the jacket. It was the jacket of one of the girls that worked on the trading floor
Each member of staff would have had two or three trading jackets. Certain staff would have kept their trading jackets on the trading floor. When Barings were forced to cease trading on the morning of the 24th February 1995, a number of trading jackets would naturally have been left on the trading floor. A number of these were plundered by other trading floor employees but none of these jackets were mine as I would usually wear my jacket to and from work.
I left Singapore on the 23rd February 1995. By this stage I was spending no time at all in the office, arriving on the trading floor as late as possible and leaving as soon as the market closed at 2.15pm and disappearing. The losses were accelerating and the questions about my illegal trading account were mounting. The number was up! I left the trading floor wearing my jacket, returned home, told my wife that we needed to leave quickly and packed two suitcases. After seeing a friend and arranging to meet him in Thailand at the weekend to see quite how bad the aftermath was, we went straight to Changi airport and boarded a flight to Singapore. I clearly had no interest in taking a trading jacket with me.
Over the next few days our apartment at Angulia Park, Singapore was repeatedly searched and investigated for any information that may have led to the illegal trading account. Following all of the investigations, my wife and I’s belongings were boxed up by agents on behalf of the liquidators.
At some stage in 1996, my wife returned to Singapore to retrieve her belongings.
In late 1999 after I had been released from prison in Singapore, I was returned a number of packed boxes that contained a number of my belongings taken from Angulia Park. There were an amount of clothes, books and various paraphernalia. Notably, there was six bottles of Krug Champagne that were left over after an after party from the 1994 SIMEX award Ceremony and in one of the boxes was this trading jacket.
This, undoubtedly is the trading jacket that I wore on the 23rd February 1995, discarded in my apartment as I very hastily fled Singapore.
Nick Leeson March 2016