The High Court has been asked not to grant approval for a Serious Fraud Office (SFO) settlement with the arms company BAE Systems. Campaigners want a judicial review of the SFO's decision to drop investigations into the company.
Students across the UK will stage a day of action today aimed at “kicking the arms trade off campus”. The last year has seen demonstrations and occupations in protest at universities’ links to arms companies.
The Serious Fraud Office is to face legal action over its “plea bargain” with the arms company BAE Systems. The Campaign Against Arms Trade and The Corner House have begun the process of a judicial review.
Faced with allegations of corruption in five continents, the arms company BAE Systems have agreed with the Serious Fraud Office (SFO) to pay out £30 million and admit to criminal charges involving “accounting irregularities”.
The Serious Fraud Office has triggered outrage by reaching a “plea bargain” with the arms company BAE Systems. BAE have admitted to two criminal charges and agreed to pay over £280 million, but will not face court.
In a potential breakthrough, a former agent of the arms company BAE Systems has been charged with corruption offences. The news has been welcomed by the Campaign Against Arms Trade, who say that the truth must come out in court.