LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Covid corruption commissioner will not recover taxpayers’ money – London Business News | London Wallet

Philip Roth by Philip Roth
December 5, 2024
in UK
Covid corruption commissioner will not recover taxpayers’ money – London Business News | London Wallet
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Unpublished sketches of Charles Dickens go on display for first time

Women’s Rugby World Cup 2025: Latest results, tables and fixtures

Arteta tips Eze to create ‘magic moments’ after sealing Arsenal move

The appointment of Tom Hayhoe as the new COVID corruption commissioner is unlikely to recover a significant amount of taxpayers’ funds, say leading audit, tax and business advisory firm, Blick Rothenberg.

Fiona Fernie, a Partner at the firm, said: “It is unclear why Rachel Reeves thinks that 4 years after the events occurred the COVID corruption commissioner appointment will achieve something that the National Audit Office investigation into government procurement which took place in November 2020 or the Boardman Review of Government procurement in 2021 has not.”

She added: “Tom Hayhoe’s appointment is only for 12 months, which is not long enough for such a complex enquiry, especially one that will be particularly difficult as the questionable occurrences he is looking into took place a number of years ago. That means those acting questionably have had more time to try to cover their tracks.”

Fiona said: “The proposal for him to submit a report to Rachel Reeves at the end of his contract, including recommendations for Government procurement during future crises sounds sensible, but it is questionable what this will add to previous reports.”

She added: “The official UK COVID enquiry led by Baroness Heather Hallett and the current National Crime Agency investigation into possible criminal offences committed as part of the PPE procurement activity during COVID have, in theory, already extensively looked into this issue.”

Fiona said: “On top of this, despite it being one of Labour’s manifesto pledges, it took them 5 months of being in Government before they made this appointment. Between the proposal and Tom Hayhoe being in the role, statements promising someone would be appointed ‘next week’ or ‘next month’ were made frequently to the media.”

She added: “I fully support the idea that the Government should investigate fraud and look to recover taxpayer money, but this appointment may easily cost the Exchequer more than it will recover, and is unlikely to bring any new information to light.”



Source link

Share30Tweet19
Previous Post

Healthy Returns: Wall Street mulls over Amgen’s weight loss drug data

Next Post

Jefferies turns bullish on this alcohol and spirits stock, sees nearly 20% upside

Philip Roth

Philip Roth

Recommended For You

Unpublished sketches of Charles Dickens go on display for first time
UK

Unpublished sketches of Charles Dickens go on display for first time

August 24, 2025
Women’s Rugby World Cup 2025: Latest results, tables and fixtures
UK

Women’s Rugby World Cup 2025: Latest results, tables and fixtures

August 23, 2025
Arteta tips Eze to create ‘magic moments’ after sealing Arsenal move
UK

Arteta tips Eze to create ‘magic moments’ after sealing Arsenal move

August 23, 2025
Bands boycott festival after group claim they were ‘cut off’ over Palestine flag
UK

Bands boycott festival after group claim they were ‘cut off’ over Palestine flag

August 23, 2025
Next Post
Jefferies turns bullish on this alcohol and spirits stock, sees nearly 20% upside

Jefferies turns bullish on this alcohol and spirits stock, sees nearly 20% upside

Related News

Bitcoin to hit 0K in 2024? Canaan VP weighs up 2024 halving opportunities

Bitcoin to hit $100K in 2024? Canaan VP weighs up 2024 halving opportunities

September 12, 2023
Coinbase chips in another M to crypto super PAC Fairshake

Coinbase chips in another $25M to crypto super PAC Fairshake

June 4, 2024
Djokovic equals grand slam record with 24th title after US Open win over Medvedev

Djokovic equals grand slam record with 24th title after US Open win over Medvedev

September 11, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?