Article summary
The Serious Fraud Office (SFO) has announced that it is has concluded its investigation into Chemring Group PLC and Chemring Technology Solutions Limited. The SFO has said it concluded its investigation on the basis that there was insufficient evidence to support a realistic prospect of conviction that is required by the Code for Crown Prosecutors. This criminal investigation into bribery, corruption and money laundering was opened in January 2018 by the SFO after Chemring Technology Solutions Ltd made a self-report.
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