SFO warns it's struggling to cope with workload

Thu, 12 Dec 2019

The Serious Fraud Office has warned it won’t be able to run as many white-collar criminal investigations and prosecutions over the next two years and is already struggling to cope with very large cases. The fraud investigation agency made the remarks in answers to followup questions from Parliament's justice select committee following its annual review last month. In May, the government reduced the SFO’s budget to $9.7 million for the June 2020 year, from $10.1 million in 2019 and $10.1 million the year before that. It was given $8.7...

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