New SFO Head's Deck-Clearing Move Raises Questions
Law360, London (February 26, 2019, 7:00 PM GMT) -- Britain's Serious Fraud Office abandoned two of its biggest cases on Friday in a move that raises questions about its desire to prosecute individuals over economic crime as new director Lisa Osofsky sets about clearing the anti-fraud agency's backlog of high-profile cases.
The decision to drop a six-year probe into alleged corruption by individuals connected to British car maker Rolls-Royce, as well as a five-year investigation into alleged bribery at pharmaceutical giant GlaxoSmithKline, is a key moment for Osofsky, an ex-FBI lawyer who promised to tackle the SFO's caseload after taking the job in August.
Osofsky, a protege of U.S. special...
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