Independent 23 May 12: Watchdog barks up wrong tree on Tchenguizes

The SFO has been looking at how millions were extracted from an Icelandic bank before it collapsed. But now it's the investigators who are under scrutiny ...

... the SFO admitted that the case of Vincent "as a suspect in the SFO's investigation must be, and will be, reviewed – as a matter of urgency".

This means the action against him could be dropped entirely within the next month. But the FSA is less likely to withdraw from its case against Robert, which it believes is on a firmer footing. ...

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