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
Two charged in SFO’s Unaoil investigation17/11/2017 17:02:00
Yesterday the Serious Fraud Office charged two individuals in relation to the Unaoil investigation.
Guilty pleas in the United States arising from investigations into Rolls-Royce’s former Energy Division09/11/2017 09:15:00
Three ex-employees of Rolls-Royce’s former Energy division, James Finley, Keith Barnett and Louis Zuurhout, have pleaded guilty to bribery and corruption offences in the United States District Court for the Southern District of Ohio Eastern Division.
Three men sentenced in $20m Angolan oil corruption case23/10/2017 11:20:00
Three former senior employees of the F.H Bertling group were recently sentenced at Southwark Crown Court.
Ex-CEO and COO of collapsed oil giant, Afren Plc, charged with Money Laundering and Fraud over $400m Nigerian business deals27/09/2017 10:25:00
Today the Serious Fraud Office will bring charges against the ex-Chief Executive Officer and Chief Operating Officer of former FTSE 250 oil and gas exploration company, Afren Plc.
SFO secures seven convictions in $20m F.H. Bertling corruption case26/09/2017 15:05:00
It can today be reported that F.H Bertling Ltd and six current and former employees have been convicted of conspiracy to make corrupt payments to an Angolan state oil company agent, Sonangol, to secure and retain a freight and forwarding contract worth approximately $20m.