Asked by: Lord Rooker (Labour - Life peer)
Question to the Ministry of Justice:
To ask Her Majesty's Government whether closed courts are being used for settlements and penalties relating to financial corruption where a trial has not taken place; and if so, why.
Answered by Lord Keen of Elie - Shadow Minister (Justice)
Where a Deferred Prosecution Agreement (DPA) is reached for an economic crime, it must include a declaration in open court that the DPA is in the interests of justice and its terms are fair, reasonable and proportionate. The SFO has entered into 4 DPA’s to date: in each case the final hearing was held in public.