Three employees of Swift Technical Solutions Ltd were found not guilty at Southwark Crown Court of corruption offences in relation to the tax affairs of a Nigerian subsidiary. The jury was unable to reach a verdict on one count against the third defendant and was discharged.
This week the SFO has recovered nearly £18.4 million from two high-profile fraudsters in order to satisfy outstanding high value confiscation and compensation orders. The recoveries result from the sale of two properties in London.
A former company director sentenced to prison as a result of a joint Serious Fraud Office and Greater Manchester Police investigation has been arrested by the South African authorities and is today facing extradition proceedings after having fled the UK.