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UK to appoint Covid Corruption Commissioner; Serious Fraud Office to help recover billions lost to pandemic fraud in PPE and Bounce Back Loans

Published on: 26 July 2024

Published by an LexisNexis Corporate Crime expert
Legal News
Article summary

The UK’s SFO will be expected to play a part in recouping billions of pounds’ worth of suspected fraud linked to the pandemic, as the new government set out plans for a new Covid Corruption Commissioner.

Rachel Reeves, the country’s new Finance Minister, informed Parliament yesterday that she has initiated the process to appoint this commissioner, aiming to recover significant sums lost to fraud associated with government programmes during the pandemic. Reeves noted that the principal priority will be retrieving money wasted on acquiring Personal Protective Equipment (PPE) for the NHS...

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