Part of Oral Answers to Questions — Attorney-General – in the House of Commons at 11:30 am on 11 February 2014.
The Serious Fraud Office is in touch frequently with its United States counterparts in respect of investigations that have a transnational dimension. I will not talk about a specific case, but looking at the matter hypothetically, in such circumstances it will be decided in which jurisdiction a prosecution would best be brought. The hon. Gentleman will be aware that a LIBOR investigation is progressing in this country. There are also investigations in the United States. From what I know of the matter, I am satisfied that there will be good co-operation between the two jurisdictions to ensure that any alleged criminality is brought to justice.