The Daily Telegraph reports that 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 Green in an interview with The Sunday Telegraph in which he also acknowledged a rift with the US over the handling of the investigation.
Three men have already been charged by the SFO over allegations they were involved in attempts to rig the benchmark index, including former Citigroup and UBS trader, Tom Hayes. The SFO currently has a team of 60 working on the investigation, out of a total staff of more than 300.
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