UK PUBLIC SECTOR FRAUD BODY SAVED GBP311 MILLION IN FIRST YEAR
September 12th, 2023
The UK’s new Public Sector Fraud Authority (PSFA) saved taxpayers GBP311 million (USD377.5 million) in its first year of operation, far outstripping the GBP180 million (USD218 million) target set at its launch in August 2022. Baroness Neville-Rolfe, minister for the Cabinet Office, unveiled the “big win for taxpayers” at a September 2023 meeting of the International Public Sector Fraud Forum, which brings together the so-called ‘Five Eyes’ nations - Australia, Canada, New Zealand, the UK and the United States - to share best practice in combatting ...
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