UK's SFO probes De La Rue over 'suspected corruption' in South Sudan

The corporate logo of De La Rue is seen at De La Rue Malta at Bulebel Industrial Estate in Zejtun, Malta April 24, 2018. PHOTO | REUTERS

The UK’s Serious Fraud Office has opened an investigation into British banknote and passport printer De La Rue over “suspected corruption” in its business in South Sudan, sending shares to a 16-year low.

“Given the early stage of these matters, it is not possible to predict reliably what effect their outcome may have on De La Rue,” the company said in a statement on Tuesday.