Leeson to be freed today

Singapore - Nick Leeson, the man who brought Britain's oldest merchant bank to its knees, is due to be freed from a Singapore…

Singapore - Nick Leeson, the man who brought Britain's oldest merchant bank to its knees, is due to be freed from a Singapore prison today.

On the eve of his early release, his lawyer dismissed reports Leeson had a hidden fortune waiting for him, the subject of huge media speculation at home in Britain.

Leeson's derivatives deals in Singapore broke the back of Barings, Britain's oldest merchant bank, under $1.4 billion of debt.