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Convicted Libor rigger Tom Hayes diagnosed with multiple sclerosis

Hayes’ imprisonment ‘probably accelerated or exacerbated it’

Tom Hayes was released from prison in January
Tom Hayes was released from prison in January Photo: Charlie Crowhurst for FN

Tom Hayes has been diagnosed with multiple sclerosis, just weeks after his release from prison.

The former UBS and Citigroup trader was released in January from HMP Ford, a low-security prison in West Sussex,  having served five and a half years of an 11-year sentence for rigging the London interbank offered rate, a benchmark that helps to determine interest rates on mortgages and big corporate loans.

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