WORLD : Financier Fined, Evades Jail
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From Times Wire Services
LONDON — Multimillionaire financier Sir Jack Lyons was fined 3 million pounds, or $5.6 million, today for his part in the Guinness takeover scandal, but escaped a jail sentence because of ill health.
Southwark Crown Court Judge Sir Denis Henry said Lyons was “guilty of dishonesty on a major scale” and could have expected a three-year prison sentence. But after medical testimony that Lyons, 74, had cancer, heart problems, high blood pressure and chronic bronchitis, the judge said he would not send Lyons to jail.
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