David Green says uncertainty hangs over Serious Fraud Office despite tall-profile success in trial of Tom Hayes for Libor-riggingThe head of the Serious Fraud Office has admitted that the future of the crime-fighting agency is shrouded in uncertainty despite the conviction of former City trader Tom Hayes for Libor-rigging and its ongoing work on a string of tall-profile corporate cases.
Theresa May,the home secretary, is understood to be keen to fold the SFO into a larger National Crime Agency after a series of setbacks for the agency, and including an embarrassing climbdown over a bungled investigation into tycoons Vincent and Robert Tchenguiz.
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Source: theguardian.com