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Registrado: 11 Dic 2021 Mensajes: 22
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Publicado: Mie Feb 23, 2022 12:48 am Título del mensaje: Covid support fraud and waste unacceptable, MPs say |
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Covid support fraud and waste unacceptable, MPs say
Mistakes, waste and fraud that led to billions of pounds of Covid loan support being lost were "unacceptable", the head of a group of MPs has said.
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Meg Hillier, chair of the Public Accounts Committee (PAC), said taxpayers will be exposed to financial risks for decades.
Previous official figures estimated the government is unlikely to recoup up to £21bn of Covid loans to business.
The Treasury said it rejects the claims made in the PAC report.
Ms Hillier said repeated PAC reports had made clear that a "lack of preparedness and planning, combined with weaknesses in existing systems across government, have led to an unacceptable level of mistakes, waste, loss and openings for fraudsters".
She said this would end up robbing current and future taxpayers of billions of pounds, and that the "government must be held accountable".
"It is essential that for as long as we will be paying the costs of Covid-19, which is at least the next 20 years just in some of the loan repayment terms, the Treasury and all of government continue to account specifically for what it has spent in response to the pandemic.
"Crucially this must ensure lessons are learned for when the next big crisis hits - be it climate, health or financial."
But the Treasury rejected the claims in the report, saying that no fraudulent payments have been written off and the Taxpayer Protection Taskforce it has set up is expected to recover up to £1bn from fraudulent or incorrect payments. |
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