The Serious Fraud Office (SFO) has been praised by HM Crown Prosecution Service Inspectorate (HMCPSI) for its work to recover the proceeds of crime, with cases “handled proactively and efficiently by dedicated and skilled staff.”
The SFO’s proceeds of crime and international assistance division fights to trace and seize money and other assets from criminals, making sure they cannot “rest on their ill-gotten gains”.
The report by HMCPSI, the statutory body which inspects prosecution services to improve processes, highlighted the effectiveness of both the SFO and Crown Prosecution Service’s CPS in identifying and confiscating criminal assets.
Andrew Cayley, chief inspector, HMCPSI, said: “The work that the CPS and SFO Proceeds of Crime teams do to recover the illicit gains of criminal conduct is a vital element of the criminal justice system.
“This joint inspection of both organisations shows that cases are handled proactively and efficiently by dedicated and skilled staff.”
Lisa Osofsky, director of the SFO, added: “Our mission at the Serious Fraud Office is to fight complex financial crime, deliver justice for victims and protect the UK’s reputation as a safe place to do business.
“I am pleased that the inspectors have highlighted the skill and dedication of our team, and we will work with partners at the CPS to take their helpful suggestions into consideration.”