Oral Answers to Questions

Clive Efford Excerpts

Thursday 10th February 2022 Commons Chamber

[The Solicitor General]

I am grateful to my hon. Friend for very properly pressing this case on behalf of her constituents. The SFO continues to investigate the dealings of London Capital & Finance plc and associated companies. The size and complexity of those cases, including the sheer number of victims and witnesses, means that it can take a significant period for a full investigation to be carried out. I meet the SFO director regularly to discuss casework, and I can assure my hon. Friend that driving forward the fastest possible case progression is a priority for me and for the Attorney General. I want to end with this point: over the last five years, thanks to the work of the SFO, a full £1.3 billion has been returned to taxpayers over and above the costs of running the SFO.

[Clive Efford (Eltham) (Lab)]

The Minister will be aware of actions that have been taken against the Serious Fraud Office and individuals who work for it by those who seek to hide money—ill-gotten gains—that they wish to launder. It is disturbing that they can take action against individuals who work for agencies that are there to investigate such crimes and criminal behaviour. What action can be taken to protect those individuals from such abusive litigation?

[The Solicitor General]

I am happy to discuss that matter with the hon. Gentleman. Where criticisms are made of the Serious Fraud Office, we will have no hesitation in acting robustly and promptly. That is why, for example, just yesterday my right hon. and learned Friend the Attorney General ensured that an investigation was set up in respect of the findings in the Unaoil case.