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Eric Carlson Contributing EditorBenjamin Kessler Contributing Editor

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Shruti J. Shah Contributing EditorDr. Henry Wong Contributing EditorRussell A. Stamets Contributing Editor

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Entries in Serious Fraud Office (127)

Tuesday
Oct092012

Coordinated guidance from DC and London?

It was an odd event a few weeks ago when the U.K.'s Serious Fraud Office removed some Bribery Act guidance from its website without explanation.

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Tuesday
Oct022012

Plea agreements won't play a big role in U.K. enforcement

Photo courtesy of the U.K. Ministry of JusticePassing legislation instead of applying resources is always tempting for governments.

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Thursday
Sep272012

U.K. anti-corruption enforcement threatened by budget cuts

The Government has proceeded to cut the budget of the Serious Fraud Office (SFO), the main enforcement agency, from £50 million in 2008/9 to below £30 million for 2013/14.

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Wednesday
Aug292012

SFO May Investigate Barclays' Qatar Payments

The U.K. Serioius Fraud Office might start a criminal investigation into Barclays Plc for alleged payments to Qatar’s sovereign wealth fund, according to a report Wednesday by Lindsay Fortado of Bloomberg's Businessweek.

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Wednesday
Aug152012

Report: EADS Execs Knew About Payments

The Financial Times said Tuesday that an internal financial controller alerted senior EADS executives as early as 2007 that alleged bribes might be going to Saudi Arabian officials.

Carola Hoyos, the Times' defense correspondent, said the financial controller was concerned about payments to Cayman Island bank accounts and gifts to Saudi royal family members and military officials.

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Friday
Aug102012

SFO Launches Criminal Investigation Of EADS Subsidiary

The U.K. Serious Fraud Office said this week it is investigating possible bribes in Saudi Arabia by a company owned by European defense contractor EADS.

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Monday
Jul232012

U.K. DPAs? Not So Fast . . . .

In a perfect world the Solicitor General will get his proposals for deferred prosecution agreements (DPAs) through the House in their current form.

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Wednesday
Jul112012

SFO To Investigate BP-Related Payments, According To Report

One of BP's contractors self-reported bribery allegations to the SFO last year, the Telegraph said.

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Thursday
Jul052012

World Bank Debars Oxford University Press

The World Bank Group debarred two Oxford University Press for three years for misconduct by two subsidiaries in East Africa.

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Thursday
Jun212012

$4 Billion Lost To Corruption In Southern Sudan

Since 2005, Southern Sudan has collected about $10 billion in oil revenues. The stolen funds would therefore constitute 40% of the country’s oil revenues.

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