Lib Dem donors facing bribery allegations were hosted by Nick Clegg

Lib Dem donors facing bribery allegations were hosted by Nick Clegg Government mansion was used to host family charity of Sudhir and Bhanu Choudhrie, arrested by SFO on Wednesday.
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ENRC: the miner that dug itself into a hole

The resources group floated to great fanfare in London. Now its travails may undermine the City’s reputationOver two days in June 2007, 13 obscure business men and women delighted in the luxury of Horsham’s five star South Lodge hotel as they attended a corporate awayday.The theme of the meeting was “what it means to run […]
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ENRC investigated for bribery in Africa and Kazakhstan

Serious Fraud Office has launched a criminal investigation into Eurasian Natural Resources Corporation, the FTSE-listed firmAllegations of cash payments to African presidents are to be investigated as part of the Serious Fraud Office inquiry into corruption at Eurasian Natural Resources Corporation, the FTSE-listed mining firm.The financial watchdog last week launched a criminal investigation into ENRC, […]
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Tchenguiz brothers seek millions from Serious Fraud Office

Property tycoons launch legal action which could trigger biggest payout in SFO’s historyThe Tchenguiz brothers are suing the Serious Fraud Office for more than £200m following the agency’s botched investigation into their role in the collapse of Iceland’s banks.Robert and Vincent Tchenguiz, who once owned 1% of all the residential property in Britain but lost […]
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Judge Serious Fraud Office on its Libor probe, director David Green tells MPs

Justice committee told of plans to avoid ‘fiasco’ of investigation into Icelandic bank Kaupthing and customer Robert TchenguizThe director of the Serious Fraud Office (SFO) has told a committee of MPs he accepts his agency will be judged largely on the performance of its ongoing investigation into allegations of Libor interest rate-fixing.The SFO was criticised […]
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‘Significant’ developments imminent in Libor inquiry, says Serious Fraud Office

British prosecutors reportedly set to arrest former traders and rate setters at Barclays, RBS and UBS within a monthThe director of the Serious Fraud Office said on Friday that it expected “significant developments in the near future” in its investigations into the rigging of Libor interest rates. The comments about the progress of the inquiry […]
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City trader Nicholas Levene gets 13-year sentence for £32m Ponzi scam

Celebrities and tycoons cheated out of millions by gambling addict who spent £18m on lavish lifestyleHe was the very embodiment of the flash City trader – a self-made millionaire who rode the wave of the 1980s big bang to become a financial player famed for throwing lavish parties attended by celebrities and leading business figures.But […]
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Serious Fraud Office made ‘irregular’ £400,000 payoff to chief executive

National Audit Office qualifies SFO’s accounts over way Phillippa Williamson’s voluntary redundancy was handledThe Serious Fraud Office made “irregular” pension and severance payments of £422,000 to its former chief executive that cannot be clawed back, the National Audit Office has found.As a result, the public spending watchdog has qualified the SFO’s accounts for 2011-12, which […]
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SFO decides not to pursue Tory party for £365,000 donated by Asil Nadir

Money allegedly stolen from Polly Peck by Nadir was paid into Conservative party coffers more than 22 years agoThe Serious Fraud Office has decided against pursuing the Conservative party for the return of cheques totalling £365,000 allegedly stolen from the company Polly Peck by fraudster Asil Nadir and paid into party coffers more than 22 […]
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SFO abandons corruption inquiry into Tchenguiz and Kaupthing

Three-year investigation into tycoon and failed Icelandic bank ends after series of disastrous raids and allegationsThe Serious Fraud Office has dropped its three-year corruption investigation into the relationship between the embattled Mayfair investment tycoon Robert Tchenguiz and the failed Icelandic bank that had financed him to the tune of £1.7bn.This was the last remaining element […]
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