U.K. Serious Fraud Office Opted Against Libor Criminal Probe: FT
By Louisa Fahy -
2012-06-30T08:36:29Z
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 lnesbitt@bloomberg.net
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.