SFO (Serious Fraud Office) in bad translation fiasco
The SFO (or Serious Farce Office if you are a Private Eye Reader) was involved in an embarrassing loss of face recently as related in Private Eye No 1314. The case the SFO had been hoping to make against the Tchenguiz brothers as part of their investigation into the collapse of Kaupthing (the Icelandic bank) might not now be brought because of errors in SFO evidence. One mistake was ‘the result of a poor translation of internal emails’.
It is not yet known how much this mistake and others might cost, but let us say that it will be millions.
No need to mention what the moral of this sorry tale might be...
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