Oral Answers to Questions

Debate between Kevin Hollinrake and Lucy Frazer

Thursday 1st July 2021 Commons Chamber

[Kevin Hollinrake (Thirsk and Malton) (Con)]

What recent assessment he has made of the Serious Fraud Office’s effectiveness in prosecuting serious economic crime.

[The Solicitor General (Lucy Frazer)]

I recognise the significant work that my hon. Friend has done to protect victims in this area, both as a constituency MP and in his role on the all-party groups on fair business banking and for whistleblowing. In the past 12 months the Serious Fraud Office had brought a number of individuals and corporations to justice, including successful prosecutions in its Unaoil case, uncovering $17 million in bribes. A conviction against GPT resulted in £30 million of confiscations, fines and costs, and deferred prosecution agreements with G4S and Airline Services Limited have resulted in more than £47 million in penalties and costs.

[Kevin Hollinrake]

I thank my right hon. and learned Friend for her answer. The GPT case she refers to was one of the SFO’s rare successes in court in a proven case of corruption. I think there were £28 million of penalties, although it may be £30 million, as she said, including costs. My constituent, Ian Foxley, was a key whistleblower in that case, but he has been completely hung out to dry by the SFO, and has had 10 years without any financial compensation—10 years of lost income. What effect does the Minister think that will have on future whistleblowers, and the likelihood that they will come forward with key evidence? Will she meet me and my constituent to discuss the matter and see what can be done?

[The Solicitor General]

I reassure my hon. Friend that the SFO recognises the importance of whistleblowers to its work, and if appropriate I would be happy to meet him to discuss the case and perhaps the issue more broadly. In that particular case the judge concluded that it was not suitable to make a compensation order, and that is why the SFO concluded that it would not be appropriate to put Mr Foxley’s victim impact statement before the court. I hope to discuss those issues more fully with my hon. Friend.

Oral Answers to Questions

Debate between Kevin Hollinrake and Lucy Frazer

Tuesday 25th February 2020 Commons Chamber

[Lucy Frazer]

The hon. Member makes two important points. He may have heard my answer to the hon. Member for Bedford (Mohammad Yasin), when I said that in fact for the first time, September to September last year, we had a reduction in violence—a slight reduction but a good step in the right direction. As I mentioned to the right hon. Member for Dwyfor Meirionnydd (Liz Saville Roberts), we have recruited more prison officers—4,300 net since 2016.

[Kevin Hollinrake (Thirsk and Malton) (Con)]

The introduction of a corporate offence of failing to prevent economic crime could well have prevented a succession of banking scandals: PPI, the rigging of LIBOR and forex and the scandalous mistreatment of thousands of small businesses. What plans does the Justice Secretary have to introduce such an offence?