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What can be learned from the SFO and ENRC saga

Open pit coal mine worker framed by Russian-made bucket wheel excavator operating at 1 of world's largest coal mine ops, in Central Steppes region.
Photo: Robert Nickelsberg/Getty Images

The UK SFO’s bungled investigation into Kazakh mining operation ENRC offers lessons for financial compliance professionals.

The ongoing saga involving the UK’s Serious Fraud Office (SFO) and the Eurasian Natural Resources Corporation (ENRC) case is a complex web of suspected corruption, high-profile litigation and a looming massive potential payout for the public purse.

The SFO is the UK’s frontline agency tasked with investigating complex financial