The UK’s Serious Fraud Office (SFO) is under review following the overturning of one of its judgements by the Court of Appeal in December. The SFO had wrongfully convicted the man and handled the case inappropriately in it’s latest move in a string of poor performance.
The SFO does have money making powers, through deferred prosecution agreements but recently, it has been scarcely able to utilise this stream.
This paired with the declining reputation of the agency lends extra weight to the review, conducted by Sir David Calvert-Smith.
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