The Serious Fraud Office ("SFO"), with the Ministry of Defence Police ("MDP"), has commenced an investigation into suspected false accounting in relation to contracts for services between Robert Lee International Ltd, Travellers World Ltd and BAE in connection with defence equipment contracts with the government of Saudi Arabia. Today, searches were conducted at eight locations in London and the south of England by SFO investigators and officers from the MDP. (See also footnote).
During the course of the searches a 73-year old man and a 66-year old man were arrested and will be interviewed.
Footnote:
Officers from the Economic Crime Unit of the City of London Police ("CLP") also contributed to the searches by providing additional resources under new arrangements for extended cooperation between the SFO and CLP in fraud investigations in the South East of England.
Serious Fraud Office, Elm House, 10-16 Elm Street, London WC1X 0BJ
Press Office `phone 020 7239 7001/7000
Mobile 0781 807 6688
