|November 19, 2013|
Previously published on November 14, 2013
In October we reported on the “famous five” reasons to report self-corruption as articulated by David Green QC, the Serious Fraud Office Director. One of those reasons was the high prospect of getting caught. This week, in an interview with The Times newspaper, the Director suggested that he is increasing the chances of the SFO exposing wrongdoing by developing the SFO’s intelligence gathering capabilities and strengthening links with intelligence agencies. He said:
“We are enhancing our intelligence capabilities in the fight against economic crime. This includes re-forging links with the national security agencies and building our own analytical capacity.”
For companies who don’t self-report and are exposed, the chances of avoiding a prosecution become very slim.