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Serious Fraud Office investigates solar firm paid £400 million by council after its owner blew £150m of company cash on luxury lifestyle including £14m yacht, and £9m private jet

Serious Fraud Office investigates solar firm paid £400 million by council after its owner blew £150m of company cash on luxury lifestyle including £14m yacht, and £9m private jet

The Serious Fraud Office has launched a probe into an alleged £400 million fraud against Thurrock Council by a Dubai-based solar tycoon who spent almost half of it funding his luxury lifestyle.

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