Absolute privilege attached to the contents of a letter that a bank had written to the Securities Association for the purpose of tribunal proceedings against the claimants, and which had subsequently been disclosed by the Serious Fraud Office in the course of criminal proceedings against the claimants. It was impossible, for the purposes of an action for malicious prosecution, to regard the defendants as the prosecutors in relation to those criminal proceedings. * Leave to appeal to the House of Lords refused.

CA (Civ Div) (Brooke LJ, Mantell LJ, Laws LJ)


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