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G4S tagging fraud inquiry

The Justice Secretary has asked the Serious Fraud Office to investigate G4S over its electronic tagging contract after auditors found the security firm and another company had overcharged the Ministry of Justice by "tens of millions of pounds".

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G4S: We will deal with tag contract in prompt manner

A statement from G4S said it believes that any evidence or indication of dishonesty should be referred to the relevant authorities including, if appropriate, the SFO.

G4S is committed to having close and open relationships with our customers and we strive to work in partnership for the mutual benefit of our organisations.We place the highest premium on customer service and integrity and therefore take very seriously the concerns expressed by the Ministry of Justice. We are determined to deal with these issues in a prompt and appropriate manner.

– G4S group chief executive Ashley Almanza

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