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/ News / ATTORNEY-GENERAL CALLS FOR MORE SFO FUNDING

ATTORNEY-GENERAL CALLS FOR MORE SFO FUNDING

The UK’s Attorney-General has backed the idea of extra money for the Serious Fraud Office (SFO), to help it recruit top lawyers and reduce its reliance on “blockbuster funding” for big cases.

Jeremy Wright praised the SFO for having “moved the dial in our combating of economic crime”. But he added that it had to be given greater funding so it can take on and retain the best talent.

The Attorney-General said that while blockbuster funding “is here to stay”, he insisted there is a “decent argument for increasing core funding because you can then attract and keep staff more easily”.

It remains to be seen whether the SFO becomes a stronger, better-funded organisation. But regardless of what happens regarding its resources, the SFO is an organisation with a range of unique powers at its disposal.

It would be wrong for anyone to think that the SFO is, in any way, a weak organisation. Anyone investigated by the SFO must take care to respond intelligently and appropriately.

Read our article: THE SERIOUS FRAUD OFFICE, WAYS TO DEAL WITH IT

ATTORNEY-GENERAL CALLS FOR MORE SFO FUNDING

Rahman Ravelli

Serious Fraud, Regulatory and Complex Crime Lawyers

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