Oral Answers to Questions

Christine Jardine Excerpts

Thursday 1st February 2024 Commons Chamber

[Andy Slaughter (Hammersmith) (Lab)]

4. What steps she is taking to help ensure effective prosecution of perpetrators of fraud and economic crime.

[Christine Jardine (Edinburgh West) (LD)]

9. What recent steps her Department has taken to increase prosecution rates for fraud and economic crime.

--- Later in debate ---

[The Solicitor General]

I commend the work of the enforcement agencies, which have rightly cracked down on the fraudulent activity the hon. Gentleman refers to. He is right that the Government have tirelessly pursued criminals with a view to recouping money, to prevent those criminals from benefiting from their ill-gotten gains. Among a number of positive outcomes has been £105 million being returned to victims.

[Christine Jardine]

I thank the Solicitor General for providing detail about what is happening, but, since the pandemic, fraud has cost the public purse more than £21 billion, much of that related to the Government’s own schemes. Public resentment is understandable, because, at the same time, prosecution for fraud and money laundering has gone down by more than 50% since 2010. Does the Solicitor General agree that the time has come for more action and that we should seriously consider an economic crime fighting fund to reinvest seized assets and profits into improving law enforcement against fraud?

[The Solicitor General]

The hon. Lady is right that this is matter of huge public concern, and understandably so. The Government worked very hard during the pandemic to ensure that support was provided, but clearly where people have taken advantage of a system, that must be pursued. That is why we are looking at the fraud strategy, for example, and the economic crime plan part 2. We will continue to drive forward to see what further action can be taken.