WHAT THE OTHER PAPER SAY THIS MORNING November 8, 2009 THE SUNDAYSThe Sunday TelegraphBAE HIRES PINOCHET LAWYER FOR SFO FIGHTBAE Systems has instructed General Pinochet’s former QC to handle its defence if the Serious Fraud Office (SFO) is successful in persuading the Attorney General to proceed with a fraud prosecution against the arms manufacturer. GOVERNMENT PLANS FAST-TRACK NUCLEAR EXPANSIONThe government is set to hand an [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 2, 2009 FINANCIAL TIMES VODAFONE’S GHANA DEAL ATTRACTS SFO INTERESTThe UK Serious Fraud Office has contacted Vodafone about its controversial deal to buy a controlling stake in Ghana’s third-largest mobile phone operator. The SFO has not launched an investigation into the deal, but is monitoring allegations of irregularity that have been made in Ghana. INDIAN SURGE BENEFITS [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 26, 2009 FINANCIAL TIMES TOSHIBA TARGETS METALS DEAL IN KAZAKHSTANJapanese companies, urged on by their government, are racing to secure supplies of rare metals and rare earth elements that are vital to many technology products.By the end of the year Toshiba aims to agree a deal with Kazatomprom, the national uranium company of Kazakhstan, to extract rare [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 26, 2009 FINANCIAL TIMES TOSHIBA TARGETS METALS DEAL IN KAZAKHSTANJapanese companies, urged on by their government, are racing to secure supplies of rare metals and rare earth elements that are vital to many technology products.By the end of the year Toshiba aims to agree a deal with Kazatomprom, the national uranium company of Kazakhstan, to extract rare [...]
Serious Fraud Office begins probe into City trader Levene October 21, 2009 The Serious Fraud Office (SFO) has launched a formal criminal investigation into the activities of north London financier Nicholas Levene. The 45-year-old, from High Barnet, has been declared bankrupt as City clients pursue him through the courts over alleged debts of at least £200m. The Serious Fraud Office (SFO) said it has opened an inquiry [...]
Serious Fraud Office begins probe into City trader Levene October 21, 2009 The Serious Fraud Office (SFO) has launched a formal criminal investigation into the activities of north London financier Nicholas Levene. The 45-year-old, from High Barnet, has been declared bankrupt as City clients pursue him through the courts over alleged debts of at least £200m. The Serious Fraud Office (SFO) said it has opened an inquiry [...]
BAE predicts good growth, unsure over bribery costs October 14, 2009 BAE Systems, europe’s largest defence firm, forecast “good growth” for the rest of the year yesterday, despite a slump in its sale of land vehicles.The group also added it expected trading to “benefit from any continued weakness of sterling against the US dollar.” The US accounts for around 60 per cent of BAE’s sales, and [...]
Langdale hired by fraud office in BAE investigation October 11, 2009 The Serious Fraud Office (SFO) has upped the ante in its case against defence giant BAE Systems by hiring top criminal QC Timothy Langdale to help file a corruption suit against the firm . By getting Langdale, who successfully defended Colonel Jorge Mendonca in 2003 against charges of mistreating Iraqi civilian detainees in Basra, on [...]
SFO signals move to US-style tactics October 6, 2009 WHEN the Serious Fraud Office (SFO) said last week that it intends to seek the Attorney General’s consent to prosecute BAE, this signalled a significant change in its modus operandi. It has never in the past publicised to this extent its intended actions in an ongoing investigation. In 2008, at about the same time that [...]
BAE prepared for fine October 4, 2009 DEFENCE giant BAE Systems is prepared to pay a record breaking fine over bribery allegations, sources close to the situation said yesterday, if “compelling evidence” indicates the charges against it are true. The Serious Fraud Office (SFO) said last week it wanted to prosecute Europe’s biggest defence contractor over allegations the firm used bribery and [...]