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Article: SEVERN TRENT PLC - Statement re Serious Fraud Office.
- Article from:
- PR Newswire UK Disclose
- Article date:
- November 22, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Severn Trent Plc announces today that the Serious Fraud Office (SFO) is to
charge Severn Trent Water Ltd with three offences relating to leakage data
supplied to Ofwat between 2000 and 2002.
The SFO has decided that it will bring three charges against Severn Trent Water
Ltd under section 207 Water Industry Act 1991, namely, providing false
information to Ofwat. The three charges will relate to the leakage data in the
June Returns for 2000, 2001 and 2002.
The SFO has also informed Severn Trent that no individual will be charged with
any offences.
Tony Wray, Chief Executive of Severn Trent Plc, said:
"The new Board has co-operated fully with the SFO during the ...