Emily Thornberry
Main Page: Emily Thornberry (Labour - Islington South and Finsbury)Department Debates - View all Emily Thornberry's debates with the Cabinet Office
(11 years, 10 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
The Attorney-General
I thank my right hon. Friend for his question, in whichever context. The Serious Fraud Office is carrying out a major inquiry and investigation into the LIBOR scandal. The conduct of the investigation is obviously a matter for the SFO, but the matter has not been ignored.
Emily Thornberry (Islington South and Finsbury) (Lab)
The Attorney-General has referred to the report by Her Majesty’s Crown Prosecution Service inspectorate. I have read it, and it says that the Serious Fraud Office needs to improve its performance and appears to be suffering considerable resourcing problems. Will he consider the suggestion by the director of the SFO that the agency be allowed to retain more of the proceeds of crime that it confiscates? Might that be a way in which it could increase its funding?