SFO


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SFO

abbreviation for
(Banking & Finance) Serious Fraud Office: the department of the British government which investigates cases of serious financial fraud
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References in periodicals archive ?
A spokesman for BAT said it had been conducting its own investigation into the claims since they emerged with the help of an external legal firm and had been liaising with the SFO during this time.
The charges relate to Barclays Plc's capital raising arrangements with Qatar Holding LLC and Challenger Universal Ltd, which took place in June and October 2008," the SFO said.
As is customary, KBR is conducting its own internal investigation as well as cooperating with the DOJ, SEC, and the SFO in their investigations, which include the voluntary submission of information and compliance with formal document requests.
The SFO statement did not mention Mr Clarke, but it has been reported that he has also been questioned by the fraud squad as part of its probe.
In a statement Airbus said: "Airbus Group has been informed by the SFO that it has opened a criminal investigation into allegations of fraud, bribery and corruption in the civil aviation business of Airbus Group relating to irregularities concerning third party consultants.
Researchers then genetically modified the mice's brain cells so the researchers could shut down or restart SFO activity.
The SFO was given powers to strike DPAs in February 2014 although it has yet to sign the first such deal, whjch would allow the signatory to avoid prosecution while adhering to a number of strict conditions.
Giving his decision, Mr Justice Hickinbottom stressed that those figures were untested and the SFO had strongly indicated that it did not accept that anything like those amounts would be reasonable.
Tesco has been cooperating fully with the SFO and will continue to do so.
As a result the SFO has agreed to pay Mr Tchenguiz PS3m to settle the case and a further PS3m towards legal costs within 21 days.
The new activity could signal that the SFO is in the final stages of its probe, according to legal experts.
Britain's Serious Fraud Office, or SFO, is pursuing its investigation of alleged corruption at Alstom as a major transatlantic takeover battle for the French engineering conglomerate reaches a climax, the Financial Times reported on Saturday.