Trials and tribulations of the Serious Fraud Office
The Serious Fraud Office (SFO) suffered a troubling 2018. The collapse of its high-profile investigation into two former Tesco executives in December, after allegations the retailer overstated profits by sums into the millions, followed the judge’s decision that “the prosecution was so weak it should not be left for a jury’s consideration”. The SFO’s investigation is said to have cost an estimated £10m.
White collar crime partner Iskander Fernandez, explores further in Financial Director. To read the full article, click here.
Disclaimer: This document does not present a complete or comprehensive statement of the law, nor does it constitute legal advice. It is intended only to highlight issues that may be of interest to clients of BLM. Specialist legal advice should always be sought in any particular case.