Fraud case against three ex-G4S executives collapses after no evidence offered | Politics News
Charges have been dropped against three former executives of G4S’s electronic tagging arm who were accused of defrauding the Ministry of Justice (MoJ) following a 10-year investigation.
G4S Care and Justice Services had provided electronic monitoring services to the government from 2005 to 2013.
The subsidiary of security giant G4S was accused of misleading the MoJ over the extent of its profits from the tagging contract.
In July 2020, the firm accepted responsibility for three counts of fraud and agreed to pay a financial penalty of £38.5m and the Serious Fraud Office (SFO) costs of £5.9m.
In September 2020, former managing director Richard Morris, 47, from High Wycombe, Buckinghamshire, was charged with seven counts of fraud.
Two other ex-directors of G4S’s electronic monitoring business also faced the charges.
They were former commercial director Mark Preston, 51, from Cheshire, and former finance manager James Jardine, 41, from Cumbria.
The SFO alleged the executives made false representations to the MoJ between 2009 and 2012.
At an Old Bailey hearing before Mr Justice Johnson on Friday, prosecutor Crispin Aylett KC offered no evidence in the case which was due to go to trial in April next year.