A Leeds solicitor is due to appear in court charged with corruption in relation to the sale of shares to UK investors.
John Robert Manning, 62, of Alwoodley, north Leeds, and a former senior partner at Fox Hayes Solicitors, has been charged with one offence of corruption contrary to section 1 of the Prevention of Corruption Act 1906.
Mr Manning is a former president of The Leeds Jewish Welfare Board.
He is due to make a first appearance at City of Westminster Magistrates’ Court on Wednesday, August 31.
Mr Manning is on bail with conditions including one that he does not directly or indirectly contact certain persons, including Philip Drazen or Malcolm Jones.
A Serious Fraud Office spokeswoman said: “I can confirm that a 62 year old man was charged on August 18, by City of London Police following a joint investigation by the Serious Fraud Office with the City of London Police, and has been bailed to appear at City of Westminster Magistrates’ Court.”
He was charged last Thursday at Bishopsgate Police Station in London, following a lengthy investigation into alleged corruption.
The spokeswoman added: “The case relates to alleged offences connected to the sale of shares to UK investors.
“As this is an ongoing matter, no further details can be given at this stage.”
The charge levelled at Mr Manning is that while he worked for Fox Hayes solicitors between December 1, 2002 and December 31, 2004, that he did corruptly agree to accept monies for himself.
It states his gain was calculated to be four per cent of investor monies passing through accounts resulting from share sales as an inducement or reward for doing an act in relation to his principal’s affairs.