(11 months, 2 weeks ago)
Commons ChamberThe Crown Prosecution Service and the Serious Fraud Office play a critical role in bringing economic criminals to justice. Just yesterday, the SFO announced a new investigation into fraud at AOG Technics Ltd, an aircraft parts supplier. That is the third new investigation launched since Nick Ephgrave became director of the SFO.
I completely refute what the hon. Lady has said. I was looking forward to her question, but I was disappointed with the tone and substance of it. It is right to say that this Government are taking economic crime seriously, and fraud as well. I hope she has seen the new fraud strategy and, importantly, the report commissioned from Jonathan Fisher KC and his review on disclosure, which is due out next summer.
The Government’s fraud strategy in May was billed as a comprehensive plan to tackle fraud against the public and business, so can the Attorney General explain why it contains no details of the number of offences suffered by business, no estimates of the losses that result, no targets in relation to business, no measures specific to business and not a single mention of the two biggest types of business fraud: procurement and payroll?
I am pleased that the hon. Gentleman has seen the full strategy—that is good news. I repeat my point about Jonathan Fisher KC, who has some important work to do. The hon. Gentleman will understand the volumes of crime and the volumes of digital material in the Serious Fraud Office. Jonathan Fisher is looking at that and at disclosure, and that will help businesses, help individuals, help the country and help the SFO to get on with its job.