Judge says no to Stanford hearing on jail release

By Patsy R. Brumfield/NEMS Daily Journal

A Texas federal court judge doesn’t care if jailed financier Allen Stanford and his attorneys don’t like where he’s been detained or that they want him released.
“Denied,” said U.S. District Court Judge David Hittner on Thursday afternoon.
He apparently didn’t agree with the case they tried to make for another shot at obtaining his release.
“The circumstances of Allen Stanford’s incarceration are draconian and prohibit effective and meaningful consultation with his lawyers,” wrote Stanford counsel Dick DeGuerin to the U.S. District Court of the Southern District of Texas earlier this week.
Stanford is the only one jailed in the federal case against him and others. They are accused in an alleged $7 million Ponzi scheme surrounding Stanford Financial Group and its subsidiaries, including Stanford Bank International Ltd.
Among the defendants are Baldwyn natives Laura Pendergest-Holt and James Davis, top executives with the companies in receivership after action by the Securities amp& Exchange Commission.
Davis’ attorney says he will plead guilty soon, while the others who have been arraigned have pleaded not guilty.
DeGuerin’s request on Wednesday asks for prompt response by the government and the court to Stanford’s motion to reconsider his detention in the Joe Corley Detention Center northeast of Conroe, Texas.
The facility is 43 miles from DeGuerin’s downtown Houston office and doesn’t allow lawyer visits on Sunday, among other inconveniences, he says.
During visits, Stanford has been shackled hand and foot, he reveals.
Stanford also asks the court to expedite an order for the U.S. to pay his legal bills or dismiss his indictment. His assets were seized by the government in February.
In asking for a review of his detention, Stanford says the government misrepresented numerous facts about him, leading to the court’s decision that he was a substantial flight risk.
In a separate SEC case against Pendergest-Holt, her indictment was dismissed Tuesday. The dismissal allows the charges to be reinstated if prosecutors have reason to do so, but the government asked for the move in late June because the same charges are included in the larger indictment with Stanford.

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