Serious Fraud Office: Finance
(asked on 23rd June 2017) - View Source
Question to the Attorney General:
To ask the Attorney General, how many times since 2010 the Serious Fraud Office has applied for Blockbuster Funding; what decision was made on each application; and how much funding was granted to each successful applicant.
There have been eight blockbuster funding applications since 2010, all of which which have been approved by the Treasury. Funding for these cases is provided from the reserve. Total reserve funding by year from 2012-13 is:
2012-13 | 2013-14 | 2014-15 | 2015-16 | 2016-17 |
£000s | £000s | £000s | £000s | £000s |
- | 5,000 | 2,000 | 10,000 | 10,000 |
6,735 | 19,000 | 23,237 | 18,000 | 7,500 |
6,735 | 24,000 | 25,237 | 28,000 | 17,500 |
All of these blockbuster funded cases are still under active investigation and it is not possible for operational reasons to provide a breakdown of how the funding is allocated in each case.
Reserve funding for years prior to 2016-17 also covers the costs of the SFO’s civil litigation cases.