High Court slams SFO over handling of Tchenguiz probe

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  • @'It is clear that incalculable damage will be done to the financial markets of London, if proper resources, both human and financial, are not made available for such investigations[…].”
    As Sir John say's if the SFO isn't properly funded and supported by the best lawyers in town then they will be faced by an inequality of arms that hands financial wrong-doers a huge advantage. It is like having an army armed with sticks going up against an army with real guns, something the super-rich are well aware of and know how to exploit to the full.
    As the FBI eventually did with the US Mafia, we're just going to have to learn to out-smart the enemy. But it requires resources and the best people available. Are you listening George Osborne?

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  • Why would anybody join the GLS, with all the uncertainties and ambiguities that arise out of being a civil servant at the moment, with pensions being sliced away at? All for a starting salary dwarfed by the private sector equivalent, and no prospect of partnership? It neither surprises me that the SFO struggles to recruit or perform, and it is a measure of how seriously government takes the issue of fraud that it is not willing to devote any serious resources to prosecuting or investigating it.

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