Britain’s top fraud prosecutor backs kind of deal at heart of SNC-Lavalin debate GlobeBusiness
The U.K.’s top fraud prosecutor has thrown her weight behind American-style corporate plea bargains amid criticism that they can allow companies to admit wrongdoing without leading to successful prosecutions of individuals.
SNC-Lavalin warned federal prosecutors in writing last fall that the company could break up and move its corporate headquarters to the United States if it were not invited to negotiate a deal to suspend criminal prosecution. Plea bargains are a common feature of the U.S. legal system but have only been used in Britain since 2015. They allow companies to avoid criminal prosecution in a court-approved deal that often includes a fine and compliance monitoring.
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