SFO investigates alleged multimillion-pound fraud at collapsed council

Thurrock council invested £100m-plus into solar farms, via a bond scheme sold by Rockfire Investment Finance

The Serious Fraud Office (SFO) has launched an investigation into Rockfire Investment Finance, which became embroiled in a financial scandal over how a UK council invested more than £100m into solar farms.

The UK’s anti-corruption agency said it had “issued a series of section 2 notices compelling financial institutions to provide information on its newly opened investigation into alleged fraud committed against Thurrock council”.

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​Thurrock council invested £100m-plus into solar farms, via a bond scheme sold by Rockfire Investment FinanceBusiness live – latest updatesThe Serious Fraud Office (SFO) has launched an investigation into Rockfire Investment Finance, which became embroiled in a financial scandal over how a UK council invested more than £100m into solar farms.The UK’s anti-corruption agency said it had “issued a series of section 2 notices compelling financial institutions to provide information on its newly opened investigation into alleged fraud committed against Thurrock council”. Continue reading… Serious Fraud Office, Law, UK news, Local government, Society, Politics, Energy industry, Business Business | The Guardian

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