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United Kingdom · Question · Written question

UIN 147036

Bounce Back Loan Scheme: Fraud

answeredUnited Kingdom· UK Parliament· EN

Introduced

25 March 2022

Last action

30 March 2022 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

30 March 2022

Summary

To ask the Chancellor of the Exchequer, for what reason his Department did not consult the Cabinet Office fraud team regarding the potential fraud risks of the Bounce Back Loan Scheme during the scheme's establishment.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 25 March 2022

    Written question

    To ask the Chancellor of the Exchequer, for what reason his Department did not consult the Cabinet Office fraud team regarding the potential fraud risks of the Bounce Back Loan Scheme during the scheme's establishment.

    Source: Commons

  2. 30 March 2022

    Answer

    The Treasury engaged regularly with a wide range of stakeholders across government and industry before and after the scheme launched – and received expert advice on fraud risks from PWC. Under the Scheme there were a range of checks to minimise fraud – le...

    Source: Written answer

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