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Showing posts with label Serious Fraud Office. Show all posts
Showing posts with label Serious Fraud Office. Show all posts

March 25, 2011

Serious Fraud Office vows to pursue corrupt foreign companies

The head of the Serious Fraud Office (SFO) is at loggerheads with ministers who are seeking to exempt overseas companies from Britain's new Bribery Act.

Speaking at an anti-corruption conference in Russia last week, Richard Alderman said he wanted the act to have a "wide jurisdiction", allowing the SFO to pursue overseas companies listed in the UK – even if they had little business activity here – whenever it was in Britain's public interest.