Deramping?....Be VERY afraid....6 Nov 2015 09:53
""artlover .....POSSIBLE if not probable SFO fine if past fraud found, what would that be 50 million ? """
There again, a good read, Quindell actually fits most, if not ALL criteria and has taken expert advice re: court hearing. All is OK, I fear.
Non-brackets, Legalese, brackets, my comments added.
Matters to be taken into consideration in establishing that it is not in the public interest to prosecute a corporate entity
"(f) The offending is not recent in nature, ( It isn't, it is historic) and the company in its current form is effectively a
different body to that which committed the offences (it is now and most certainly by the time of the conclusion of the investigation) . For example it has been taken over by another
company, it no longer operates in the relevant industry or market, (Sold most to S & G) all of the culpable individuals have left or been dismissed, ( Absolutely, brand new BoD) or corporate structures or processes have been changed in such a way as to make a repetition of the offending impossible." (PwC report has enabled that)
Would seem highly relevant here. Taken from the CPS guidelines.
Legalese
I fear anybody expecting a hefty fine is deluding themselves. Very afraid of that.