The Serious Fraud Office (SFO) has confirmed that it would not be pursuing the complaint made regarding the receivership of the Yarrow group of companies.
SFO Chief Executive, Adam Feeley, said, “There has been a very thorough assessment of the allegations made, and we have also sought advice from the Crown Solicitors. We are satisfied that the information provided does not disclose evidence of serious or complex fraud, and that there are civil remedies for the complainant to pursue if appropriate.”
Mr Feeley said that, as with any complaint, the SFO would not rule out reconsidering the matter should new and relevant information subsequently come to light.
A Serious Fraud Office Press Release