Serious Fraud Office

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Serious Fraud Office

An agency of the British government that investigates and prosecutes complex cases of fraud, especially in business and the financial sector. It is independent from other departments, though it frequently coordinates with them. The SFO was established in 1988.
References in periodicals archive ?
We have been co-operating with the Serious Fraud Office ("SFO") and British American Tobacco ("BAT") has been informed that the SFO has now opened a formal investigation.
SFO Investigations had focused on advisory services worth 322 million pounds, which Barclays agreed to pay the Qatar Investment Authority.
This was not simply an error of judgment: once the dismissal application had been formally notified and its essential basis set out, no reasonable prosecutor in the shoes of the SFO would have contested that application in the manner that the SFO, in fact, did.
SFO is the pioneer in commercial catering and laundry equipment services in Sultanate of Oman.
The Emirates Lounge at SFO is configured to seat up to 130 First and Business class passengers, and Skywards Gold members traveling from San Francisco to Dubai.
SFO Technologies will merge its existing 10 years experienced control systems division with the new joint venture company and offer its manufacturing space and expertise in Bangalore for localizing the technology in India.
Against this backdrop, Hitachi and SFO Technologies will form a Joint Venture to provide engineering, manufacturing, commissioning and after-service advanced control systems for thermal power plants.
The two businesses also issued statements this morning, which said they had been contacted by the SFO and told that the companies would face no charges, although the SFO probe continued into individuals.
SFO sources told the Times that the new stance "puts the ball back in Mr Nadir's court".
The operation involved 109 SFO staff and 44 police officers and financial investigators.
Early yesterday morning, more than 150 SFO staff and police officers raided five business premises, including one in Cheshire, and four homes all linked to French conglomerate Alstom.
The solution will reportedly provide SFO with the most accurate and timely flight activity information for its Airport Operational Database and related applications and business processes that are driven by that data.