UK's top fraud prosecutor backs U.S.-style plea bargaining deals

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UK's top fraud prosecutor backs U.S.-style plea bargaining deals
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The UK's top fraud prosecutor has thrown her weight behind American-style c...

Director of the Serious Fraud Office Lisa Osofsky speaks to Reuters in London, Britain, March 28, 2019. REUTERS/Hannah McKay

Lisa Osofsky, an Anglo-American former FBI lawyer now in charge at the Serious Fraud Office , said the use of deferred prosecution agreements was effective in ensuring companies clean up their act - and was still in its infancy. Retailer Tesco and aero-engines group Rolls-Royce agreed DPAs with the SFO in 2017, paying fines of 129 million pounds and nearly 500 million pounds over an accounting and a bribery scandal respectively.

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