From Business Insider
The Serious Fraud Office (SFO) is investigating a company with links to the former Chancellor, Lord Lamont of Lerwick. Arrests have been made as part of the inquiry into Balli Group, which was announced in May this year.
It is not believed that anyone has yet been officially charged, and no names of those being investigated have been released. Norman Lamont has not been named as a suspect or person of interest.
In 2010 Balli Aviation Ltd pleaded guilty to charges of illegally exporting Boeing aircraft from the United States to Iran, in breach of sanctions.