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SFO spend over Β£2million on BAE probe

Martin Rosenbaum | 10:57 UK time, Thursday, 4 October 2007

The Serious Fraud Office has revealed it has already spent over Β£2million investigating the defence company BAE, including on its controversially abandoned probe into the firm's dealings with Saudi Arabia.

In response to a freedom of information request from the Βι¶ΉΤΌΕΔ, the SFO disclosed that its investigations into BAE had cost Β£2,177,000 by last month. This figure does not take into account the salaries of permanent staff working on BAE or central overheads, so the full cost would be greater.

The sum given includes expenditure on the into the huge Al Yamamah arms deal with Saudi Arabia, as well as into other aspects of BAE's operations. The SFO says it can't give a specific figure for the cost of the Al Yamamah element of its probe into the company.

Β£140,000 of the money was spent between mid-July and mid-September, so other inquiries are clearly still active.

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