UK insurer of justice: the Serious Fraud Office leads high-profile investigations and prosecutions in the UK.
Former Glencore traders, including Alex Beard and Andy Gibson, have denied conspiracy charges tied to alleged corrupt payments to government and state-owned oil officials in Nigeria, Cameroon and the Ivory Coast. The trial is slated for 2027 after the Serious Fraud Office case proceeded in London.
Former traders have had convictions overturned in a wave of appeals that followed Supreme Court rulings. The Court of Appeal quashed Libor/Euribor convictions for five Barclays traders; several others have won similar challenges as the SFO signals retrials for Hayes and Palombo may proceed.