Rahman Ravelli is celebrating after again being ranked as top fraud solicitors in the world’s most prestigious legal guide. 19 February 2016 2 years ago Rahman Ravelli is celebrating after again being ranked as top fraud solicitors in the world’s most prestigious legal guide.It is the only Yorkshire firm to gain a sought-after Tier 1 ranking in the fraud solicitors section of "The Legal 500"; which rates legal firms in more than 100 countries. The prestigious legal guide states: "The stunningly good Rahman Ravelli is at the top of the tree." The firm’s founder, Aziz Rahman, has been named an elite solicitor by The Legal 500 for his work in the fields of general crime, fraud and white-collar crime. It describes him as “first class’’. Rahman Ravelli has been classed as one of the UK’s best firms of fraud solicitors by Britain's most influential legal guide. The Halifax firm has been ranked among the elite for handling fraud and other financial crime cases in the 2016 edition of The Chambers UK Guide. Chambers states that Rahman Ravelli offers “extremely good client care and an especially committed approach to preparation”. Aziz Rahman, the firm's founder, is classed as “an exceptional and gifted lawyer of considerable experience who excels in client care”. Six individuals have been found not guilty of conspiracy to defraud in connection with the Serious Fraud Office’s (SFO) ongoing criminal investigation into Libor manipulation. Five were found not guilty of all charges following a four-month trial on January 28. A sixth defendant was cleared 24 hours later. The SFO had alleged that all six conspired with Tom Hayes - who was convicted and sentenced last year - to defraud as they had agreed, on Hayes’ instructions, to influence the submissions of panel banks in the Yen Libor setting process. SFO Director David Green has said that “nobody could sensibly suggest’’ that the charges should not have been brought. But many will wonder just how sensible the SFO has been in targeting its prosecutions. The Gambling Commission has revealed that, over the past year, 633 reports of money laundering were filed to it and the National Crime Agency by bookmakers who suspected the proceeds of crime were being spent on gaming machines. It has long been suspected that drug barons employ ‘cleaners’ to launder drug money through high-stakes gambling terminals. But this is the first time that industry data has confirmed this is happening on such a scale. The Gambling Commission finally released the data - after a one-year battle - in response to a Freedom of Information request for the number of such Suspicious Activity Reports (SARs) filed between April 2014 and March 2015. It may now be best for the Commission to consider how best to identify and prevent future instances of money laundering. The Court of Appeal has agreed with the Serious Fraud Office (SFO) that bribery of foreign officials was illegal prior to 2002 under the Prevention of Corruption Act 1906. This decision is a boost for the SFO’s anti-bribery efforts. Before this decision, corruption overseas could be prosecuted in the UK where it had taken place after 14 February 2002, as provisions within the Anti-terrorism Crime and Security Act covered it and the position was clear under the Bribery Act; which replaced the earlier law. But the SFO was still using the old 1906 Act to prosecute companies and individuals for pre-2002 conduct and the law had never been formally clarified before this case. Transparency International has warned the government it must stop the UK being used as a “safe haven” for money laundering. The anti-corruption body has also claimed the government must strengthen public access to information to improve its international reputation. Its comments come as it releases its annual Corruptions Perceptions Index; which shows the UK had improved its ranking from 14th to 10th in the global battle on corruption. Tesco knowingly delayed paying money to suppliers in order to improve its own financial position, the supermarket ombudsman has found. The Grocery Code Adjudicator has said the supermarket giant breached the industry's code of conduct by delaying payments to suppliers. Tesco has apologised for the practices. It is still under investigation by the Serious Fraud Office (SFO) over alleged accounting irregularities. The Grocery Code Adjudicator’s investigation began in February 2015 after revelations of an accounting scandal at Tesco. In September 2014, a £250m black hole was found in the company's accounts - a sum later revised up to £326m - because of the way Tesco booked income from its suppliers.