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United Kingdom · Question · Written question

UIN 216

Business: Coronavirus

answeredUnited Kingdom· UK Parliament· EN

Introduced

10 May 2022

Last action

17 May 2022 · Answer

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Answered

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Discovery layer

Source updated

17 May 2022

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, how much and what proportion of funds obtained fraudulently through covid-19 loan schemes have since been (a) returned to or (b) reclaimed by his Department.

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Timeline

  1. 10 May 2022

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, how much and what proportion of funds obtained fraudulently through covid-19 loan schemes have since been (a) returned to or (b) reclaimed by his Department.

    Source: Commons

  2. 17 May 2022

    Answer

    As of 30th April 2022 a total of £4,022,685 of funds, obtained fraudulently through covid-19 loan schemes, has been recovered by the National Investigation Service. Of the funds recovered, £3,010,831 was returned to lenders and the remaining £1,011,854 ha...

    Source: Written answer

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