(12 years, 1 month ago)
Commons Chamber8. What recent assessment he has made of the performance of the Serious Fraud Office.
Her Majesty’s Crown Prosecution Service inspectorate has been asked to carry out an inspection of the Serious Fraud Office. It is intended that the inspection should assist the new director, and it has been timed accordingly. In my superintendent’s role, I have regular meetings with the director and other senior officials.
It is not accurate to say that I have indicated that the report will not be published. The position is that such reports are not normally published, but due to the unusual and understandable level of interest, I think it important that as much as possible should be put into the public domain. I will make it my business to ensure that that happens. I should explain that the reason it may not be possible to publish all of it is that there have to be safeguards to prevent prejudice to ongoing investigations, but subject to that, I would wish to see the results made available.
Having spoken to my constituents at the weekend, I know that there is no doubt that they would have preferred a judge-led inquiry into the banks. During last Thursday’s debate, the Attorney-General told us that a quick inquiry would clash with ongoing criminal investigations by the Serious Fraud Office. What assurances can he give us that the Select Committee inquiry, which will be wrapped up by Christmas, will not create the very clash that he warned us about last week?
Provided that the Select Committee conducts its business in the best traditions of the way in which I would expect a Committee of this House to do so, any difficulties that may arise in relation to an ongoing criminal investigation ought to be surmountable, and indeed I made that clear during last week’s debate. The difficulty that I identified with part of the motion that had been tabled on behalf of the shadow Chancellor was that it was quite prescriptive in terms of what it wanted the judicial inquiry to do. I foresaw that that could cause particular extra problems.