Tuesday, February 8, 2011

Barlow Clowes affair declared closed after 23 years

Peter Clowes was sentenced to 10 years over the fraud - although Michael Howard freed him on parole after four years. Photograph: Iola Williams/PA

It was one of the notorious frauds in British history. But after 23 years, a court case, questions in parliament and an ombudsman's inquiry, a line has finally been drawn under the Barlow Clowes affair.

The Treasury revealed it has recouped

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