“… investigate will only be justified in a wholly exceptional case: applying by analogy the “Fayed principle” after R v Panel of Takeovers and Mergers ex p Fayed [1992] BCC 524 at 536B-C (Steyn LJ). The judge found that the circumstances of this case did not meet that threshold, concluding, ‘there is nothing sufficiently egregious abo…”
“…sciplinary investigation; and seeks to distinguish the cases relied on by HMRC and referred to by the judge (R v Panel on Takeovers and Mergers, ex parte Fayed [1992] BCC 524; R (Bermingham) v Director of the SFO [2006] EWHC 200 (Admin), [2007] QB 727; Sharma v Browne Antoine [2007] 1 WLR 780 (PC)). He submits that the criminal cont…”