News that 'Britain's FBI' will assume the power to direct fraud investigations will exacerbate underlying issues that already plague the Serious Fraud Office (SFO), a leading lawyer has claimed.

Already tasked with fighting serious crime, such as child abuse and cybercrime, the National Crime Agency (NCA) is expected to be handed a seat on the SFO's board and 'power of direction' over bribery investigations.

The plans, revealed in the Financial Times, follow a review into how Britain fights corruption. However, legal ex...

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