The
first
UK
court
case
over
value-added
tax
fraud
in
the
carbon
market
has
opened
in
London.
However,
lawyers
for
the
seven
defendants
say
the
volume
of
evidence
means
the
trial
may
have
to
be
put
off
until
2013.
Five
men
and
two
women
are
charged
with
conspiracy
and
money
laundering
in
connection
with
alleged
"carousel
fraud"
in
the
spot
trade
of
£38m
($61m)
EU
carbon
permits.
They
were
arrested
in
August
2009.
The
prosecution's
case
has
ballooned
to
more
than
80,000
pages.
Defence
lawyers
say
they
have
not
had
enough…
