News | Latest Breaking News Stories & Headlines

BAT said the UK's SFO was taking no further action after a probe into suspicions of corruption

UK ends corruption probe into British American Tobacco

British American Tobacco said the UK's Serious Fraud Office (SFO) had closed an investigation into suspicions of corruption by the company, more than three years after initiating it.

Business • 15 Jan 21

Tony Fernandes and AirAsia chairman Kamarudin Meranun have stepped aside while an investigation gets underway

AirAsia CEO steps aside amid bribery probe

AirAsia's colourful chief executive Tony Fernandes has stepped aside from the company while authorities probe unusual payments at the Malaysian carrier, as the fallout from a $4 billion bribery fine at Airbus reverberates across the industry.

Business • 04 Feb 20

Patisserie Valerie was plunged into crisis in October 2018 when it discovered accounting irregularities

Five arrested in investigation into Patisserie Valerie

Five more people have been arrested in the investigation into the collapse of British cafe chain Patisserie Valerie after accounting irregularities were discovered last year, the Serious Fraud Office (SFO) has said.

Business • 24 Jun 19

Barclay had denied the SFO's allegation that a $3 billion loan it made to Qatar in November 2008 was connected with a Qatari investment in the bank

UK court dismisses charges against Barclays

A British court has dismissed charges brought by the Serious Fraud Office (SFO) against Barclays over its 2008 capital raising, suspending for now the threat of regulatory sanctions on its business operations over the matter.

Business • 21 May 18

The board of Airbus expressed full confidence in its CEO Tom Enders on Thursday

Airbus CEO sees no reason to step down over probes

Airbus chief executive Tom Enders has said he sees no reason to resign over ongoing UK and French corruption investigations, but would be ready to do so if needed.

Business • 16 Oct 17

The SFO probe into Bank of England has lasted two and a half years

Serious Fraud Office ends Bank of England probe

The UK's Serious Fraud Office today said it had closed a long-standing investigation into how the Bank of England held auctions to boost lending during the global financial crisis.

Business • 23 Jun 17

Barclays would be the first UK bank to face criminal charges over actions taken during the financial crisis

Barclays charged over 'unlawful' 2008 Qatari deal

Barclays and four former top executives have been criminally charged over undisclosed payments to Qatari investors during a £12 billion emergency fundraising in 2008.

Business • 20 Jun 17