header-logo header-logo

04 May 2022
Issue: 7977 / Categories: Legal News , Criminal , Covid-19
printer mail-detail

Treasury fraud squad to target crimes against public purse

A £25m fraud squad, to be known as the Public Sector Fraud Authority, will be up and running by July, the Treasury has announced

It will target frauds against the public purse such as money stolen from Covid support schemes.

In January, Chancellor Rishi Sunak admitted losing £5bn worth of coronavirus emergency bounceback loans, which were provided by banks but 100% guaranteed by the government. Treasury minister Lord Agnew resigned in response, accusing the Treasury of ‘schoolboy errors’. Following questions raised in Parliament, Sunak was forced to deny ‘writing off’ the money.

Nicola Finnerty, criminal litigation partner, Kingsley Napley, said: ‘There has been increasing criticism that not enough is being done about Covid-related loan and furlough fraud.

‘Whether this new taskforce will make a real difference though is questionable. We have heard similar commitments before and an investment of just £25m seems very light in terms of the scale of the problems.’

Issue: 7977 / Categories: Legal News , Criminal , Covid-19
printer mail-details

MOVERS & SHAKERS

Gateley Legal—Caroline Pope & Bob Maynard

Gateley Legal—Caroline Pope & Bob Maynard

Construction team bolstered by hire of senior consultant duo

Switalskis—four appointments

Switalskis—four appointments

Firm expands residential conveyancing team with quadruple appointment

mfg Solicitors—Claire Pope

mfg Solicitors—Claire Pope

Private client team welcomes senior associatein Worcester

NEWS
What safeguards apply when trust corporations are appointed as deputy by the Court of Protection? 
Disputing parties are expected to take part in alternative dispute resolution (ADR), where this is suitable for their case. At what point, however, does refusing to participate cross the threshold of ‘unreasonable’ and attract adverse costs consequences?
When it comes to free legal advice, demand massively outweighs supply. 'Millions of people are excluded from access to justice as they don’t have anywhere to turn for free advice—or don’t know that they can ask for help,' Bhavini Bhatt, development director at the Access to Justice Foundation, writes in this week's NLJ
When an ex-couple is deciding who gets what in the divorce or civil partnership dissolution, when is it appropriate for a third party to intervene? David Burrows, NLJ columnist and solicitor advocate, considers this thorny issue in this week’s NLJ
NLJ's latest Charities Appeals Supplement has been published in this week’s issue
back-to-top-scroll