Serious Fraud Office
SFO Annual Report and Accounts
The SFO Annual Report and Accounts for 2016-17 has been laid before Parliament today.
Statement of purpose and activities
The Serious Fraud Office (SFO) is a small independent non-ministerial Government department under the superintendence of the Attorney General. It was established by the Criminal Justice Act (CJA) 1987 and commenced operations in 1988. It is part of the UK criminal justice system covering England, Wales and Northern Ireland, but not Scotland, the Isle of Man or the Channel Islands.
The SFO’s purpose is to investigate and, where appropriate, prosecute cases of serious or complex fraud, bribery and corruption. In addition, the SFO recovers the proceeds of those crimes it investigates and assists overseas jurisdictions in their investigations into serious or complex fraud, bribery and corruption.
The SFO has unique powers under section 2 of the Criminal Justice Act 1987 to require attendance at interview or the production of information or, in certain circumstances, to apply for a warrant to enter and search premises to take possession of information. The SFO has multi-disciplinary case teams of lawyers, investigators, forensic accountants, external counsel and other experts, led by a case controller. This joint investigatory prosecutorial case-team structure is known as the ‘Roskill’ model.
Latest News from
Serious Fraud Office
SFO investigating British American Tobacco p.l.c01/08/2017 15:10:00
The SFO confirms it is investigating suspicions of corruption in the conduct of business by BAT p.l.c, its subsidiaries and associated persons.
SFO opens investigation into the Rio Tinto group24/07/2017 09:07:00
The SFO has opened an investigation into suspected corruption in the conduct of business in the Republic of Guinea by the Rio Tinto group, its employees and others associated with it.
SFO confirms investigation into Amec Foster Wheeler11/07/2017 16:07:00
The Director of the Serious Fraud Office has opened an investigation into the activities of Amec Foster Wheeler plc and any predecessor companies owning or controlling the Foster Wheeler business
‘Arboretum Sports’ fraudster sentenced to additional two years11/07/2017 12:12:12
David Gerald Dixon, the creator of a Ponzi scheme that inflicted millions of pounds worth of losses on investors, had his default prison sentence of two years activated by the court today for failure to pay a £275,000 confiscation order.