Director general Franz-Hermann Brner noted that the number of OLAF-inspired national or EU administrative, disciplinary or judicial proceedings rose from 45% of total cases in 2002-3 to 51% in 2003-4, themselves significant improvements on 28% in 2001-2 and 20% under OLAF’s predecessor, the European Commission in-house unit UCLAF.
‘The number of investigations yielding positive results, is a recognised indicator for evaluating the effectiveness of an investigation service,’ said Brner.
In a note, OLAF claimed the improvement was down to ‘more rigorous evaluation of the initial information’. These assessments are also taking less time, from 18 months on average in 2000-2001 to five months in 2003-2004. The director general also noted a recent 10% rise in fraud allegation tip offs.
Three new partners and seven business restructuring advisers have been appointed to the new Preston office
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
The Top 20 firm has recently advised J S Wright, the mechanical and electrical building services specialist
Promotions have been made in the private clients tax team and corporate business team