![]() The difficulty for him and other prosecutors is that the law in relation to corporate criminal liability is stacked against the prosecutor in the UK, particularly when it comes to serious economic crimes like fraud and corruption. Since his appointment in April 2012, Mr Green has been talking tougher than his predecessor, Richard Alderman, about what companies can expect if they are caught breaking the law. How greater corporate accountability can be achieved in the area of economic crime has been high on the Government's agenda (and therefore on the agendas of its prosecuting authorities), for some time. As if to reinforce this intent came the news just days later that the SFO had charged Olympus and its UK subsidiary, Gyrus Group Ltd, with making a statement to an auditor which was misleading, false or deceptive, contrary to section 501 of the Companies Act 2006. ![]() "If the public interest requires more corporate prosecutions then such a change is high on my wish list." So said David Green, the Director of the Serious Fraud Office (SFO), on 2 September 2013 in a speech to the Cambridge International Symposium on Economic Crime.
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