UK HOUSE OF COMMONS ATTACKS GOVERNMENT FAILURES TO RECOUP COVID PROGRAMME FRAUD LOSSES
May 12th, 2023
The UK government has recovered just GBP10 million (USD12.5 million) of the suspected GBP2.2 billion (USD2.75 billion) lost in fraudulent or erroneous payments under its Covid-19 business support schemes, according to the House of Commons public accounts committee (PAC). In its scrutiny of the department for business, energy & industrial strategy’s annual report and accounts 2021–22, the committee noted that the department does not expect to recoup almost GBP1 billion (USD 1.25 billion) paid out to local authorities by the government during the pandemic ...
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