Make or break for the SFO
David Green, the UK Serious Fraud Office’s new director, says the Libor investigation will define his career – and it may also determine the future of the SFO itself
In July, the UK Serious Fraud Office officially opened its investigation into the Libor rigging scandal – raising the prospect of criminal charges as well as massive regulatory fines for the banks and individuals involved. The case could be the largest and most complex the SFO has ever pursued, and director David Green acknowledges that he is staking his reputation on the Libor investigation.
“Every director is judged by one particular case. Robert Wardle was judged by the BAE case, Richard
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