PARLIAMENTARY WRITTEN QUESTION
Serious Fraud Office: Finance (23 June 2017)

Question Asked

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.

Asked by:
Karl Turner (Independent)

Answer

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.


Answered by:
Sir Jeremy Wright (Conservative)
28 June 2017

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