The UK Serious Fraud Office published a chapter Friday from its internal Operational Handbook that offers “comprehensive guidance” on how it approaches Deferred Prosecution Agreements (DPAs), and how it “engages with companies where a DPA is a prospective outcome.”… Continue Reading
The Covid-19 outbreak presented “an unprecedented crisis” for the criminal justice system in the UK – coming as it did when there was already a mounting backlog of complex criminal cases in England and Wales.… Continue Reading
In a much-needed win for the Serious Fraud Office, two out of three defendants it was prosecuting for corruption in the Unaoil case were found guilty by a London jury Monday after 19 days of deliberations.… Continue Reading
In late 2007, while cooperating with one investigatory agency in London, I found out that another agency was also looking for me: Her Majesty’s Revenue and Customs (HMRC) had issued a border watch for me.… Continue Reading
The SFO’s decade-long investigation of Paris-based Alstom ended Monday with the sentencing of a UK subsidiary for bribery in Tunisia.… Continue Reading
The Serious Fraud Office’s (SFO) Corporate Co-operation Guidance has arrived in the form of a five-page document. In it, the SFO defines co-operation as “providing assistance to the SFO that goes above and beyond what the law requires” and details eleven general practices that companies should consider when preserving material and giving it to the SFO.… Continue Reading
The UK’s Serious Fraud Office (SFO) enjoys a mixed reputation as far as other law enforcement agencies are concerned, in particular the police.
American national and former deputy general counsel at the FBI, Lisa Osofsky, the head of the SFO, has effectively admitted defeat over several of its investigations, which were started before her tenure at the SFO.… Continue Reading
The strong-arm tactics employed by federal prosecutors in the United States may be about to hit the UK, thanks to the Serious Fraud Office’s (SFO) new head, Lisa Osofsky, a former FBI lawyer.… Continue Reading
A former global sales director for Alstom Power Ltd was jailed for four years and six months Friday for his role in a conspiracy to bribe Lithuanian officials to win two contracts worth $274 million. … Continue Reading
Former Alstom executive Nicholas Reynolds was found guilty Wednesday in a UK court for his role in bribing Lithuanian officials for power station contracts.
Reynolds, 53, a UK citizen, was the global sales director for Alstom Power Ltd’s boiler retrofits unit. … Continue Reading