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UK Serious Fraud Office Probes Company that Sold Solar Farms to Thurrock Council

  • The Serious Fraud Office launched a new investigation on June 4, 2025, into alleged fraud against Thurrock Council involving failed solar farm investments in Essex.
  • From 2016 to 2020, Thurrock Council committed several million pounds into renewable energy bonds offered by the UK-based Rockfire Investment Finance, which has since entered liquidation.
  • The council faced debts of £1.5 billion and declared bankruptcy in December 2022, causing council tax increases and service cuts affecting residents.
  • Director Nick Ephgrave described today’s developments as a major advancement in the probe into the alleged criminal activities, highlighting the collaborative efforts with Essex Police and Thurrock Council.
  • Thurrock Council continues to support the inquiry and pursue civil claims to recover lost public funds exceeding £650 million, reaffirming commitment to securing justice and accountability.
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Bloomberg broke the news in United States on Tuesday, June 3, 2025.
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