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UK Plans To Scrap Independent Fraud Agency Met With Dismay

Legal experts are dismayed over “bizarre” Conservative manifesto plans to end the independence of the Serious Fraud Office (SFO), warning it could severely hamper efforts to fight financial crime and corruption.

The manifesto, published on Thursday, vowed to incorporate the SFO into the National Crime Agency (NCA) should the Conservative Party be re-elected on June 8.

According to the party, the move would “strengthen Britain’s response to white collar crime” by improving intelligence sharing and bolstering the investigation of serious fraud and money laundering.

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