07 Jan 2019
Britain’s Serious Fraud Office (SFO) has dropped its investigation of some individuals associated with Rolls-Royce Holdings (RR.L), it said on Monday, narrowing the number of suspects in a long-running bribery probe.
Rolls-Royce signed a Deferred Prosecution Agreement (DPA) with the SFO in a 497 million pound settlement almost two years ago, clearing the company but allowing for continued investigation and potential prosecution of individuals.
“Some individuals were notified that they are no longer suspects in the Rolls-Royce investigation,” the SFO said on Monday.
Link to Reuters.
Count reading this article to your CPD minutes, by signing up to our CPD WalletFREE CPD Wallet