21 May 2018

Lloyd Aneke disbarred following reckless and improper stewardship of client money

26 May 2016

Unregistered barrister Lloyd Aneke was ordered to be disbarred on Wednesday by an independent disciplinary tribunal following his strike-off as a solicitor for recklessly and improperly handling client money.

The disbarment related to two charges which were:

  • engaging in conduct discreditable to a barrister; and
  • engaging in conduct likely to diminish public confidence in the profession or otherwise bring the profession into disrepute.

Mr Aneke was a partner of a conveyancing solicitors' firm at the time of the misconduct. He used client monies for his own purposes, failed to make adequate enquiries as to the identity of a particular client, in breach of the Money Laundering Regulations, as well as a number of other breaches of the Solicitors Accounts Rules. A cash shortage of nearly £170,000 was found following an inspection by the Forensic Investigation Unit of the Solicitors Regulation Authority.

In addition to the disbarment, Mr Aneke was reprimanded for failing to report to the Bar Council promptly or at all that he had a disciplinary finding from another regulator.

In 2015, Mr Aneke made an application to be restored to the Roll, which was unsuccessful. At the hearing in August 2015, he told the Solicitors Disciplinary Tribunal he had not reported the previous finding in 2006 to the Bar Council or the Bar Standards Board (BSB). Following the hearing, the SRA immediately alerted the BSB and the matter followed the usual procedures.

A BSB spokesperson said: "Mr Aneke's conduct and subsequent strike-off from the Roll of solicitors is incompatible with membership of the Bar and the Tribunal's decision to disbar him reflects this."

ENDS

Notes to editors

About Lloyd Chukwuma Aneke

Mr Aneke was Called to the Bar by Inner Temple in July 1987.

About disciplinary tribunals

The appointment, operation, and decisions (including sentencing) of disciplinary tribunal panels are performed by the Bar Tribunals and Adjudication Service (BTAS). BTAS is run independently of the Bar Standards Board, the barristers' regulator, which is responsible for bringing charges of professional misconduct against barristers. These charges are then adjudicated on by BTAS' tribunal panels.

About the Bar Standards Board

Our mission is to regulate the Bar so as to promote high standards of practice and safeguard clients and the public interest. For more information about what we do visit: http://bit.ly/1gwui8t

Contact: For all media enquiries call: 0207 611 1452 or email press@barstandardsboard.org.uk