Government and Institutions

Reform required to address the SFO’s record of failure


Government and Institutions

Neil Record writes in The Telegraph

In the Media

Prof. Len Shackleton quoted in

IEA research quoted in The Financial Times

Fraud Focus, a paper by IEA Academic and Research Director James Forder has been quoted in a Financial Times article highlighting the organisations recent string of failed prosecutions.

The article said:

“Crispin Aylett KC entered no evidence against Richard Morris, James Jardine and Mark Preston, former executives at the security company G4S who had been accused of cheating the taxpayer over a prisoner-tagging contract.

“After almost a decade of work, spiralling costs and prolonged delays forced the Serious Fraud Office to abandon its case. Aylett said it was no longer in the ‘public interest’ to continue, given the time and resources required. Each man was acquitted.

“The collapse of the case in early March has prompted lawyers and anti-corruption campaigners to join the SFO in demanding an overhaul of the disclosure laws that underpin the complex and serious criminal trials it prosecutes in England and Wales.

“Last month, a report by the Institute of Economic Affairs think-tank found the SFO was ‘responsible for a series of expensive and high-profile failed prosecutions’, which demonstrated ‘the need for reform’.”

Read the full article here.