19 Aug 2008

Parliament says SFO should be scrapped

3:27 pm on 19 August 2008

A Parliamentary select committee has recommended a Bill to abolish the Serious Fraud Office be passed.

It will establish a new organised crime agency within the police, absorbing the SFO.

A former director of the Serious Fraud Office, David Bradshaw, earlier told the Law and Order committee that the removal of the office's special powers would be a travesty.

However, the committee believes the Bill should be passed, and has suggested some minor changes.

The National Party says it doesn't believe it's desirable to host the SFO within the police at a time when the office is already investigating many collapsed finance companies.