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Wood agrees to extradition -

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(generated from captions) Greg Jennett, Lateline. To breaking news tonight. And the Sydney man Gordon Wood has agreed to be extradited to Australia to face charges that he murdered his former fiance Caroline Byrne 11 years ago. The former employee and confidant of Rene Rivkin was arrested in London on Monday and applied for bail when he went back to court just a short time ago. Mr Wood has denied killing Ms Byrne and told the court he wouldn't oppose the extradition. In a moment we'll cross to our correspondent Stephanie Kennedy who's been covering the case in London, but first this report from Tom Iggulden. For the first time in public, police have spelled out the basics of their case against Gordon Wood, a British lawyer hired by the Australian government telling a London court yesterday: Mr Wood was back in court today,

Into this fire at the offset Alpine

printing plant. The owners of the

plant got a $53 million payout

despite the plant only being worth

$4 million. The plant was partly

owned by Mr Wood's boss,

owned by Mr Wood's boss, stockbroker Rene Rivkin who offset it using a

Swiss bank. This is a sip principle

tragedy on one level between

Caroline Byrne and Gordon Wood with

a relationship that goes wrong, but

it's played out against this huge

landscape of corporate intrigue

landscape of corporate intrigue that catches these two people up. I

catches these two people up. I think at the end, Gordon Wood believes

that his whole - her future is at

stake there as the Securities

Commission is chasing these mystery Swiss shareholders.

Swiss share. Neil Chenwith has been

covering this story for over a

decade for the 'Australian

decade for the 'Australian Financial Review' and he covered the case

including the role of Gordon Wood.

It's not known if the police case

against Mr Wood will include his

role in the offset alpine affair

role in the offset alpine affair but Gordon Wood has always maintained

he's innocent of causing Caroline

Byrne's death as he did in this

interview in 1998 shortly before

leaving Australia. REPORTER: Did

you kill her? Of course not.

Why would I kill her? His arrest in

London is the latest chapter of a

drama that reaches from the top of

Australian corporate life to the

suburbs. On the one hand you've got

a guy like Gordon Wood, he always

seems to win. He breezes through

life and gets this job with ren Fay

Rivkin and gets into trouble and

goes to England and breezes through

life again here. On the other hand,

you've got Caroline Byrne's father,

Tony Byrne - a simple guy. He

doesn't have contacts. He doesn't

have special resources. He doesn't

have names to call on. All he has

have names to call on. All he has is he's a father who wants to know

he's a father who wants to know what happened to his daughter. Mr Wood