Bloomberg News

U.K. Serious Fraud Office Opted Against Libor Criminal Probe: FT

June 30, 2012

SFO decided against investigation last summer due to limited budget, FT reports, citing unidentified people familiar. *SFO now looking at evidence after lawmakers said bankers found to have manipulated Libor should face prison: FT *May probe whether breaches of Fraud Act occurred or whether there was false accounting, one person told FT. *SFO spokesman David Jones declined to comment when contacted by e-mail today.

To contact the editor responsible for this story: Louisa Fahy at

Hollywood Goes YouTube

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus