Regulators have confirmed a £20.3m ($40m USD) fine imposed on Southern Water for poor service and reporting misleading data.
Ofwat first announced the fine in November and confirmed it on Friday after a period of consultation
LONDON (Reuters) – The Serious Fraud Office is to investigate Southern Water for misleading regulators over its customer service standards, the company said on Wednesday.
Privately held Southern Water, whose biggest shareholders include Royal Bank of Scotland, already faces a fine from water regulator Ofwat for supplying incorrect figures.
Southern Water told Ofwat and the SFO last year that it had uncovered discrepancies during the installation of a new customer billing system