Browsing All posts tagged under »Serious Fraud Office«

BREAKING NEWS: Evidence of fraud on the part of government suppliers G4S and Serco reported by Minister of Justice by Colin Cram

July 11, 2013

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Share prices of G4S and Serco dropped sharply today as Chris Grayling, the Minister of Justice, announced that the Serious Fraud Office (SFO) has been asked to investigate G4S. http://www.bbc.co.uk/news/uk-23272708 He said that there was evidence that both companies had overcharged the UK government by 10s of ¬£millions for contracts related to tagging criminal offenders. […]