Today the Serious Fraud Office, with the assistance of the City of London Police, executed search warrants at three residential premises in Surrey (1) and Essex (2). Three men, aged 33, 41 and 47, have been arrested and taken to a London police station for interview in connection with the investigation into the manipulation of LIBOR. The men are all British nationals currently living in the United Kingdom.
Background:
- The Serious Fraud Office is a government department responsible for investigating and prosecuting serious and complex fraud and corruption. The SFO is headed by the Director (David Green CB QC) who exercises powers under the superintendence of the Attorney General. These powers are derived from the Criminal Justice Act (1987).
