The British Serious Fraud Office (SFO) refuses to take action regarding the multi-billion-euro fraud crime committed by the European Bank for Reconstruction and Development (EBRD) with regard to Parex Bank stock.
The first item below is a letter from the SFO to Parex whistleblower John Christmas and is signed by SFO director Richard Alderman. The letter claims that there was no EBRD fraud, even though Christmas’ original letter contained clear evidence of a huge fraud.
Christmas requested clarification from the SFO. The second item below is an email from the SFO to Christmas. This second reply contradicts the first reply. The reason why the SFO will not take action is because they don’t want to get involved, even though the EBRD is based in London and therefore is in the jurisdiction of the SFO.
That is a shame, because the refusal of the SFO to act only means that the Latvia/Parex fraud bubble continues to grow with the ironic result that thousands of Latvian people are forced to move the United Kingdom every month as economic refugees…