Wonga

(asked on 1st July 2014) - View Source

Question to the Attorney General:

To ask the Attorney General, what discussions have taken place between the Financial Conduct Authority and the Serious Fraud Office on the recent finding by that regulator that Wonga sent letters to debtors from non-existent solicitors demanding payment.


Answered by
Dominic Grieve Portrait
Dominic Grieve
This question was answered on 7th July 2014

The Serious Fraud Office (SFO) has no records of any discussion with the Financial Conduct Authority (FCA) in regard to this matter.

Press statements have been issued by both the FCA and the City of London Police concerning Wonga and their agreement to pay compensation.

If the SFO is approached by any law enforcement or regulatory bodies then any relevant matters will be considered for criminal investigation in line with the SFO's remit to investigate fraud, bribery and corruption.

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