SFO BUDGET CUTS ATTACKED AFTER DATA LOSS FIASCO

ANTI-CORRUPTION campaigners Transparency International have criticised sustained cuts in the UK’s Serious Fraud Office's (SFO) budget after the SFO lost 3% of the evidence from a high profile corruption investigation.“A strong and well-resourced SFO is critical to the fight against corporate bribery,” said Robert Barrington, executive director of Transparency International UK, after the SFO admitted losing data from its investigation into defence contractor BAE Systems over alleged bribery in winning a massive defence contract from Saudi Arabia. The probe ...


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