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U.K. Freezes $121 Million in Eight Accounts Over Bribery Fears

  • National Crime Agency wins biggest freezes yet under new law
  • Order lets agency investigate and isn’t a finding of guilt

The U.K.’s National Crime Agency froze eight bank accounts containing more than a combined 100 million pounds ($121 million), which it suspects are the proceeds of overseas bribery and corruption.

Efforts will be made to recover the money if it’s found to come from, or be earmarked for, activities that break the law, the agency said Wednesday in a statement.