News Column

PRESS: SFO Sends In Specialists To Probe Lloyds - FT

July 29, 2014

Samuel Agini

LONDON (Alliance News) - The Serious Fraud Office is examining whether whether criminal charges can be brought against former and current employees of Lloyds Banking Group PLC, Financial Times reported online on Tuesday.

According to the FT, the anti-fraud agency has a specialist team examining alleged rate rigging by the banking group, which was earlier this week fined GBP218.0 million for manipulating benchmark rates.

The newspaper did not say where it obtained the information.

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Source: Alliance News

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