Senior Partner Aziz Rahman gives The Times his opinions on Lisa Osofsky’s first two years as Director of the Serious Fraud Office

Rahman Ravelli’s Senior Partner Aziz Rahman was asked by The Times to give a candid assessment of Lisa Osofsky’s first two years as Director of the Serious Fraud Office.

Aziz gave a detailed breakdown of the SFO’s successes, failures and problems to The Times – a two-year track record that he referred to as “some good, some bad and some ugly’’.

He told The Times that the most notable success was the international co-operation that led to the conclusion of the Airbus bribery investigation. Aziz also praised the agency for last year’s “Corporate Co-operation Guidance’’ and gave Osofsky credit for having the courage to drop long-running cases such as Rolls-Royce, GSK and Euribor.

But he was critical of a steep fall in the number of new cases in her first year. He also highlighted failed, high-profile prosecutions such as Tesco, Guralp Systems Barclays and Sarclad.

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