News release from Serious Fraud Office
The Serious Fraud Office (SFO) has completed its investigation of Hanover Finance Limited, bringing to an end its investigations into the 2007/08 finance company collapses. That process, which saw SFO investigate 15 separate companies, resulted in criminal prosecutions in relation to nine companies. Overall, 23 individuals have faced charges laid by SFO.
The last of the investigations, into Hanover Finance Limited and related companies, took 32 months. SFO today announced it will not be proceeding with criminal charges in this case. Read more »