The SFO can confirm it is investigating material referred to it by the Bank of England concerning liquidity auctions during the financial crisis in 2007 and 2008. The material is the result of an independent inquiry that the Bank of England commissioned into this matter.
The SFO has opened a criminal investigation into alleged fraud concerning Global Forestry Investments and Global Forex Investments. As part of the investigation, the SFO, in conjunction with the City of London Police, today executed search warrants at two addresses in the south east of England.
Two employees of Smith and Ouzman Ltd, a printing company based in Eastbourne, were sentenced today at Southwark Crown Court. This follows an SFO investigation into corrupt payments made in return for the award of contracts to the company.