Author: Azizur Rahman 10 November 2022
A number of media outlets sought Aziz Rahman’s opinion on the announcement that Serious Fraud Office Director Lisa Osofsky is leaving her position.
With Osofsky set to leave at the end of her five-year tenure, a range of publications asked for Aziz’s assessment of her work as SFO Director.
Aziz told outlets, including Energy Voice and FN London, that while Lisa Osofsky had some successes, her tenure had been controversial. He explained the problems with the SFO that had been highlighted by its Unaoil investigation, where disclosure failings led to the convictions of three individuals being quashed.
He added that her not seeking a new term could benefit the agency, as bringing somebody new in could be a “sensible next step’’, as “some fresh blood at the very top and some new thinking’’ could help the SFO regain its momentum.
Aziz also expressed his view that it was about time that the SFO operated at the same high levels as some of its international counterparts and focused on prosecuting individuals after corporates had been held to account.
Aziz Rahman is Senior Partner at Rahman Ravelli and its founder. His ability to coordinate national, international and multi-agency defences has led to success in some of the most significant corporate crime cases of this century and top rankings in international legal guides. He is recognised worldwide as one of the most capable legal experts regarding top-level, high-value commercial and financial disputes.