Finance

Crispin Odey to take the stand on final day of sex-assault trial

Hedge fund mogul Crispin Odey is set to take the witness stand this week to defend himself against an allegation of sexual assault.

The Brexit-supporting financier is facing one charge of indecent assault over an allegation he groped a junior banker at his Chelsea home in 1998.

Odey, 62, has pleaded not guilty to the charge and denied any assault took place.

READ Odey accuser describes alleged groping at hedge fund mogul’s Chelsea home

The third and final day of his trial is scheduled for Westminster Magistrates’ Court on 11 March. Odey is set to take the witness stand to set out his defence to the sex assault claim.

The complainant alleged Odey had groped her in an “octopussy-type manoeuvre” after inviting her back to his house in Chelsea in 1998.

The first contact that I remember was actually on my back — then it was like a scramble of hands — like a sort of groping event is the only way to describe it

“The first contact that I remember was actually on my back — then it was like a scramble of hands — like a sort of groping event is the only way to describe it,” she told the court via video link earlier in the trial.

Odey denied that there was any physical contact between the pair, but admitted making a verbal “pass” at the then 20-something junior banker.

“I suggest that you said to him…‘this is all very nice of you to spend time with me. But where do you think this is all going to lead?’” Odey’s barrister Crispin Aylett QC put to the complainant.

Aylett said Odey replied, “‘hopefully in bed’”.

“Oh my God, no,” the complainant answered. “That I would remember.”

“He said something like ‘let’s get it’ on or ‘let’s go to bed,’” Aylett said.

“No. Absolutely not. I would fully remember that,” she answered.

READ Court hears details of Crispin Odey’s alleged sexual assault on junior banker

The barrister attempted to have the trial thrown out after the prosecution had finished giving its evidence on 18 February on the grounds the complainant’s account was contradicted by those of other witnesses.

“[The complainant’s] account is so contradicted by the other evidence…that the court should prevent this case from going any further,” Aylett said.

READ I wasn’t attracted to Odey, says sex assault accuser

However, Judge Nicholas Rimmer at Hendon Magistrates’ Court said there was a case to be heard and ordered Odey to appear at Westminster Magistrates’ Court on 11 March, when the defence will argue on behalf of the hedge fund manager.

Noting “inconsistencies”, the district judge said the case “does call for an answer and therefore it must proceed past half-time”.

READ Crispin Odey defence fails to convince judge to throw out sex assault trial

The case was heard on 17-18 February at Hendon Magistrates’ Court but did not conclude in the time allotted following technical issues with audio and video equipment on the first day. Odey was ordered by the judge to return for the final day of the trial at Westminster Magistrates’ Court on 11 March.

The trial continues.

To contact the author of this story with feedback or news, email James Booth

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