Serious Fraud to lift headcount

Tue, 15 Dec 2020

The Serious Fraud Office will have 76 staff by January, largely thanks to a big budget boost this year. It currently has 56 people.In this year’s budget the fraud investigator got an annual increase of about $2.4 million over the next four years, plus $126,000 for capital projects. It also received $3.87 million over three years from the covid-19 response and recovery fund.“We expect to see more financial crime and corruption over the coming years because of the covid-19 pandemic. Local and international experience shows that s...

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