BusinessPeople In BusinessFormer FD of Durex maker avoids fraud trial

Former FD of Durex maker avoids fraud trial

High Court backs previous ruling that SFO has insufficient evidence against ex-directors of SSL

The Serious Fraud Office has failed for the second time to bring a case
against five former directors of Durex makers SSL.

The High Court refused to over-ride a Crown Court ruling, made earlier this
year, that there was ‘not sufficient’ evidence to bring a jury trial.

The SFO had alleged the directors, which included former group finance
director Paul Sanders, were involved in ‘trade-loading’ fraud and of inflating
profits.

Mr Justice Pitchers yesterday said that the SFO had not argued that the Crown
Court decision was wrong in law and was instead asking for a substitute
judgement, according to the Financial Times.

Related Articles

Shortlist announced for British Accountancy Awards 2017

Accounting Firms Shortlist announced for British Accountancy Awards 2017

4m Emma Smith, Managing Editor
Pimlico Plumbers to take employment case appeal to Supreme Court

Legal Pimlico Plumbers to take employment case appeal to Supreme Court

4m Alia Shoaib, Reporter
HMRC appoints new director generals

HMRC HMRC appoints new director generals

5m Alia Shoaib, Reporter
Submit your entry for the British Accountancy Awards!

People Business Submit your entry for the British Accountancy Awards!

5m Emma Smith, Managing Editor
BDO appoints two non-executive directors as advisers to leadership team

Accounting Firms BDO appoints two non-executive directors as advisers to leadership team

6m Emma Smith, Managing Editor
Ex-HMRC chief to join ICAS council

HMRC Ex-HMRC chief to join ICAS council

8m Emma Smith, Managing Editor
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Settlement reached between Margaret May and CIMA

Accounting Standards Settlement reached between Margaret May and CIMA

11m Stephanie Wix, Writer