SFO paid former execs £1m in exit payouts Former chief operating officer Christian Bailes was paid £450,000 in "exit payments," according to Attorney General Dominic Grieve. The payout followed the disclosure that chief executive Phillippa Williamson received £400,000 as part of a redundancy package described as "irregular" by the Government auditor. The man who signed off the two deals, former director Richard Alderman, received a £44,179 top-up to his pension as part of an early exit agreement, the Attorney General disclosed. Mr Alderman was replaced by David Green in March. In a written statement to Parliament, Mr Grieve said: "The [new] director has put in place controls to ensure that proper procedures are followed in the future." He also said legislation would be passed to put the agency under statutory scrutiny by the Crown Prosecution Service Inspectorate. An SFO spokesman said the agency welcomed the changes. The SFO has suffered a series of setbacks in recent months. As well as being criticised for the "irregular" payments to Ms Williamson, the agency is currently being sued for more than £200m by entrepreneurs Robert and Vincent Tchenguiz over a bungled investigation into the pair.