Bank Of America Corp (NYSE:BAC)’s Employee, Rurik Jutting’s Case Suspended Till May 8

The former employee of Bank of America Corp (NYSE:BAC), Rurik Jutting, who is accused of assassinating two women of Indonesia, has his case suspended till May 8, 2015. Jutting, while co-operating with the Eastern Magistrates’ Court in Hong Kong, said that he was aware about the charges levied on him and also adjusted to give the name of second supposed victim.

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Meanwhile, the application for a day’s costs was presented by his lawyer, Michael Vidler to Magistrate Jason Wan, which was turned down. The lawyer said that the prosecution was being too fast with the case and the serious allegations made on his client.

Life imprisonment if convicted

Rurik Jutting was charged of murder in November 2014, when he was 29 years old. If the charges against him are proven, he will have to serve life imprisonment. He is accused of murdering two Indonesians, Sumarti Ningsih (23 years) and Seneng Mujiasih (29 years), on two different occasions, i.e., on October 27, 2014 and November 1, 2014, respectively. Both the females were allegedly murdered in Wan Chai district of Hong Kong in Rurik Jutting’s upscale apartment.

Meanwhile, the prosecutor of the case Bobby Cheung demanded that the hearing of transferring the trial to the High Court should be adjourned. Cheung argued that this should be done because of complexity of the case, which involves various evidences and medical statements.

Background of the Case

On November 1, 2015, Jutting himself made a call to the police and requested them to approach his apartment. Seneng Mujiasih was found with wound on buttock and neck, while the police found Sumarti Ningsih’s body in the suitcase on balcony with wounds on her neck. The police statement said that they also seized a knife from the crime scene.

The spokesman of the Bank of America Corp (NYSE:BAC), Paul Scanlon, when approached by Bloomberg, declined to reveal about Rurik Jutting’s role in the Bank. However, according to Bloomberg, Rurik Jutting worked at the bank’s Asian structured equity trading and finance department of Merrill Lynch. He started in this department in Hong Kong in July 2013.

About the Author

Terrel is US Markets Daily's business news reporter. She joined US Markets Daily after five years as a print reporter.

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