Aziz Rahman
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Unexplained Wealth Orders: Will the trickle ever become a flood?

According to Donald Toon, the National Crime Agency’s (NCA) director of economic and cyber crime, unexplained wealth orders (UWOs) are the much-needed weapon for waging war on the flow of dirty money into the UK. With Toon’s organisation having just begun its second...
Posted On 11 Jun 2019
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High-level Tech Summit focuses on improvements to disclosure of digital evidence

Government ministers have met with senior police officers and prosecutors at a high-profile summit aimed at improving the disclosure of digital evidence in the criminal justice system. Solicitor General Lucy Frazer QC and policing minister Nick Hurd hosted Max Hill (Director of...
Posted On 10 Jun 2019
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Former company director pleads guilty to £12 million bribery scheme unearthed by SFO

In a hearing conducted at Walsall Magistrates’ Court on Thursday 30 May, Carole Ann Hodson pleaded guilty to bribery in relation to a scheme orchestrated to secure £12 million worth of contracts for ALCA Fasteners Ltd, a company she owned at the time. The scheme, which operated...
Posted On 02 Jun 2019
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NCA secures Unexplained Wealth Orders for prime London property worth “tens of millions”

Three Unexplained Wealth Orders (UWOs) have been secured as part of a National Crime Agency (NCA) investigation into London property linked to a politically exposed individual believed to be involved in serious crime. The UWOs, which were obtained at the High Court last week, are...
Posted On 29 May 2019
Aziz Rahman
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Is the Serious Fraud Office Offering Value for Money?

Whether the Serious Fraud Office (SFO) is value for money is a question that’s being asked following developments that could give ammunition to its detractors, asserts Aziz Rahman. The SFO has just announced that it has dropped investigations into Rolls-Royce and drugs...
Posted On 04 Mar 2019
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Deferred Prosecution Agreement between Serious Fraud Office and Tesco Stores Ltd published

The Serious Fraud Office (SFO) is now able to share in full the terms of a Deferred Prosecution Agreement reached with Tesco Stores Limited after reporting restrictions were lifted. Between February and September 2014, instead of working to safeguard the financial interests of...
Posted On 24 Jan 2019
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Home Secretary and Chancellor to chair Task Force aimed at tackling economic crime

Home Secretary Sajid Javid and Chancellor Philip Hammond are jointly chairing a new Government-led Task Force which will work with senior figures from the UK’s financial sector to tackle economic crime. The enormous scale of this type of crime – which includes fraud,...
Posted On 14 Jan 2019
Aziz Rahman
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Scaling Down The Rolls-Royce Investigation: A Sign of Panic at the SFO?

The Serious Fraud Office (SFO) has finally stopped investigating a number of former Rolls-Royce employees in connection with the bribery and corruption scandal that has been rumbling on for many years now. A shrewd decision based on available evidence? Or the frightened actions...
Posted On 10 Jan 2019
Mick Creedon QPM
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Unexplained Wealth Orders: Not Just for the Super-Rich

Mick Creedon, the former Chief Constable of Derbyshire Constabulary, believes the use of Unexplained Wealth Orders in the UK is to be welcomed. However, their real benefit will emerge when they’re used against low-level criminals who seriously damage local communities. The...
Posted On 04 Jan 2019
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Former Alstom Power global sales director sentenced to 4.5 years in prison for corruption

Nicholas Reynolds has received a sentence of four years and six months in prison for his part in a conspiracy to bribe officials in Lithuania’s Elektrenai Power Station and senior Lithuanian politicians in order to win two contracts worth €240 million. Reynolds was also ordered...
Posted On 02 Jan 2019