23 February 2007

Tough on investigations into corporate fraud - tough on the causes of investigations into corporate fraud

The purpose of the Serious Fraud Office is essentially what its name says. In has been much in the news of late since its investigation into allegations of corrupt practices by weapons merchant BAE Systems in its successful efforts to secure a multi-billion pound deal with Saudi Arabia was quashed by the government whilst they chanted "national security, national security". Now we learn that the Blair government has decided that enough is enough and is making moves to close down the department and perhaps merge its functions into other branches of the government.

I am certain that these moves are solely in the interests of streamlining government processes and are not at all politically motivated.

No comments: