U.K. Prosecutors Said to Seek More Funds for ENRC Bribery Probe
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The U.K. Serious Fraud Office sought additional funding for its probe into Eurasian Natural Resources Corp. in a sign that prosecutors are continuing to expand the investigation.
The SFO is seeking so-called blockbuster funding for its probe, according to a person with knowledge of the situation who asked not to be identified because the request is private. While the amount hasn’t been disclosed, the prosecutor is able to seek additional funding for cases that may exceed 10 percent of its 33 million-pound ($44 million) budget.