Justice for sale: Big companies could soon escape prosecution for corporate corruption – by paying their way out
‘A new era of US-style plea deals for corporate corruption moved has moved nearer after it emerged that prosecutors had begun private negotiations that could allow a small British exporter to escape prosecution for alleged bribery.
The Serious Fraud Office (SFO) has said it expects to sign its first deals by the end of the year under a new scheme in which a company would admit wrongdoing for economic crimes including fraud and bribery but avoid drawn-out and potentially damaging corporate criminal cases.
Critics have warned that the deals – which were introduced without fanfare last year – could be seen as a “get out of jail free” card for powerful corporations who use their well-financed legal teams to persuade SFO officials to downgrade potential prosecutions.’
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