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Serious Fraud Office Must Investigate Libor Scandal - Expert

Tuesday, 10 Jul 2012 | 1:30 AM ET

Following Paul Tucker, deputy governor of the Bank of England, telling the Treasury select committee that the BoE did not have a role in Libor rate fixing, Eamonn Butler, director of the Adam Smith Institute, told CNBC that an investigation by the SFO is needed, rather than a parliamentary inquiry, because "we need to find out who is lying."