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OFT statement regarding criminal proceedings against current and former BA executives

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  • OFT statement regarding criminal proceedings against current and former BA executives

    Further to its statement on 10 May regarding the withdrawal of criminal proceedings against four current and former British Airways executives for price-fixing, the OFT has made the following statement.

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  • #2
    Re: OFT statement regarding criminal proceedings against current and former BA execut

    So what is REALLY going on? This sort of thing undermines the credibility of the OFT to the
    extent that they cannot be considered "fit for purpose" in relation to any sort of Corporate
    or Consumer wrongdoing. They have no leverage!

    Thincat.
    Last edited by thincat; 11th May 2010, 15:51:PM. Reason: bad grammar.

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    • #3
      Re: OFT statement regarding criminal proceedings against current and former BA execut

      It's really their external counsel that were to blame here. Although of the 650 odd personnel on the OFTs staff, 90 odd are lawyers, they have to rely on external legal counsel to guide their cases.

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      • #4
        Re: OFT statement regarding criminal proceedings against current and former BA execut

        They need to review that because they appear slightly rudderless.

        Thincat.

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