Attorneys representing four ex-Wilmington Trust executives accused of criminal bank fraud say prosecutors knowingly presented false testimony during the defendants’ grand jury hearing.
The defense attorneys have asked the court to grant discovery so they can collect evidence to present their claim. In addition, they are asking the court to dismiss some of the charges against the executives.
“It appears that the government ran afoul of a basic prohibition — that the government may not secure an indictment based on the knowing presentation of false testimony to the grand jury,” defense attorney Michael Kelly wrote in an 11-page motion filed late Tuesday.