Rahman Ravelli tells The Times the lessons that companies can learn from the deferred prosecution agreement concluded by the Serious Fraud Office and SGL

8 July 2019

Posted in: Serious Fraud Office (SFO), Deferred Prosecution Agreements (DPA).

The Serious Fraud Office’s announcement of a deferred prosecution agreement (DPA) with SGL, a subsidiary of Serco Group, is the first DPA to relate to public contracts.

Rahman Ravelli explained to The Times why SGL avoiding a prosecution for three offences of fraud and two of false accounting was of significance for other reasons.

It outlined how the case showed the extent to which cooperation with the Serious Fraud Office can boost a company’s chances of receiving a more favourable outcome than conviction or a ban on bidding for any other public contracts.

Changes to SGL’s compliance policy and to its senior management played a large part in SGL obtaining the DPA, according to Rahman Ravelli, who says it remains to be seen if this will shape future companies’ attempts to avoid prosecution.

The article can be read here.

< Previous Aziz Rahman discusses the FCA's criminal insider dealing prosecutions statistics with Thompson Reuters Regulatory Intelligence

Next > Aziz Rahman quoted in Law360 discussing Serco entering a Deferred Prosecution Agreement (DPA) with the Serious Fraud Office (SFO)

Next >

Switchboard: +44 (0)203 947 1539

Share this article on

Rahman Ravelli tells The Times the lessons that companies can learn from the deferred prosecution agreement concluded by the Serious Fraud Office and SGL

Related Expertise