Mar 10, 2023

G4S: Fraud trial against former executives dropped

The Serious Fraud Office has abandoned a trial against three former G4S executives they had accused of defrauding the Ministry of Justice over a prisoner-tagging contract. The prosecutor said the SFO was offering no evidence against them. In 2020 the SFO and G4S agreed a £44m deal to settle three fraud offences against the Ministry of Justice between 2011 and 2012 where G4S accepted responsibility for deceiving the government about the true extent of profits it was earning on a prisoner-tagging contract. The case against the men had been brought by the SFO. After the men's acquittal, Ross Dixon of Hickman & Rose Solicitors, representing Mr Morris, said the case collapsed because the SFO "failed to understand its own evidence, failed to secure significant evidence and only at the eleventh hour disclosed key material that undermined its case". In a similar case in January 2019, the last of three former Tesco executives was cleared over a £250m accounting scandal involving the supermarket chain.

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