Sunday, July 26, 2009

SFO chief invites small firms to help beat rising corruption


Record levels of corruption are exposed by the economic crisis pushing the head of the Serious Fraud Office to widen the scope of discussions to include advisers outside the UK’s biggest practices

The UK’s most senior fraud fighter has said he will call more accountants to the discussion table as record levels of corruption are exposed by the economic crisis.

Richard Alderman, the head of the Serious Fraud Office, told Accountancy Age that the department would be widening the scope of discussions to include advisers outside the UK’s biggest practices.

Alderman is taking action after an overseas corruption clampdown by the Ministry of Justice.

‘Big firms will be advising the very large corporates on this issue, but I’m also very interested in the smaller corporates and the advisers who will be advising them because I think they have a key role. I’m very much in favour of reaching out to them in order to be able to help them with that.’

See full Article.