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United Kingdom · Question · Written question

UIN 217

Business: Coronavirus

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

10 May 2022

Last action

17 May 2022 · Answer

Status

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, what estimate his Department has made of the amount of covid-19 loans that were claimed fraudulently but cannot be retrieved.

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Timeline

  1. 10 May 2022

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate his Department has made of the amount of covid-19 loans that were claimed fraudulently but cannot be retrieved.

    Source: Commons

  2. 17 May 2022

    Answer

    We continue to work with lenders and enforcement agencies to recover fraudulently obtained loans. The Department’s 2020-2021 Annual Report & Accounts has a central estimate for fraud and error loss of relating to the Bounce Back Loan Scheme specifically. ...

    Source: Written answer

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