RE: SFO14 Jul 2020 15:25
Good points Marcus but I would comment as follows:_
i) the Director IS the SFO whether she likes it or not
ii) several Solicitors have left to take up "more lucrative employment" hence there is some mileage in your comment about doing it on the cheap. However IF the Public want the powers that be to jump on large scale fraud, which affects us all in some way or another, then they will have to pay for it to be dealt with swiftly. That they care not about how their taxes are spent is woefully demonstrated on a regular basis.
Billions are wasted by Government every year but they murmur not.
HS2 is projected to cost up to £150 billion but they murmur not (apart from those on the proposed route)
SO let's have a properly funded SFO to get the job done properly 'cos at present it is us shareholders, including pension funds, who are footing the bill big time metaphorically speaking through no fault of ours
iii) Unfortunately the SFO is bound by law to announce investigations as they have an impact on a company share price. Even if they were not, the chances of an investigation being leaked are enormous. (It was no coincidence that 2 days before the 2017 announcement of the Petrofac investigation, 2 investment houses increased their short positions by substantial amounts). Was it ever investigated-you know the answer).