- Associated Press - Friday, September 22, 2017

DOVER, Del. (AP) - Attorneys for four former Wilmington Trust executives charged with bank fraud have lost a bid to obtain grand jury transcripts and details on prosecution interviews of Federal Reserve officials.

The judge on Friday denied the request by defense attorneys, who said the materials could help determine whether false testimony was presented to the grand jury, possibly warranting dismissal of the indictment.

Defense attorneys argued that a Federal Reserve examiner told the FBI in 2013 that he knew the bank did not report all of its matured loans as past due, but that an FBI agent told a grand jury in 2015 that the examiner was not aware that the bank waived certain loans from past due reporting.

The judge said the agent’s testimony was consistent with bank examiner’s interview statement.

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