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The Singapore authorities see it differently. They are considering bringing further charges against other Barings executives, including Bax, who is still in Singapore, and Norris, who lives in England. There is even talk that criminal investigators may try to coax Leeson into testifying against his former bosses. But that approach has its problems. Leeson is still fighting extradition from Germany, where he was arrested while attempting to flee to England. Even when he is brought before a court in Singapore, as seems likely, his credibility will remain suspect. After all, taking him at his word can be quite costly.
--With reporting by Helen Chang/Singapore and John Colmey/Hong Kong