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SFO plots charges over Libor scandal

SFO plots charges over Libor scandal

British authorities are preparing charges against several more bankers and traders in connection with the Libor-rigging scandal, the country’s top fraud investigator has revealed.

David Green, director-general of the Serious Fraud Office, said the agency was in the process of an “enormous” investigation into interest rate manipulation, with about a fifth of its staff now working on the inquiry.

“I am sure there will be more charges against others,” said Mr Green in an interview with The Sunday Telegraph in which he also acknowledged a rift with the US over the handling of the investigation.

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