Coronavirus Grants: Fraud

Lord Sandhurst Excerpts

Tuesday 25th January 2022 Lords Chamber

[Viscount Younger of Leckie (Con)]

I am aware that my noble friend has much experience in this area, linked to her work on pensions and in respect of HMRC. She is absolutely right: preventing fraud is incredibly important. We designed the schemes to prevent as much fraud as possible before any payments were made, while still quickly supporting those who needed them in unprecedented circumstances. For example, the first furlough payments went out within six days of being announced. We had to move quickly but, clearly, as she said, lessons will be learned.

[Lord Sandhurst (Con)]

My Lords, yesterday, my noble friend Lord Agnew of Oulton told the House that he was at odds with what he said was the Treasury relying on after-the-event audits, saying that this was “too reactive” and too late. Why have the Government relied on auditing lenders after the event instead of taking preventive steps beforehand?

[Viscount Younger of Leckie (Con)]

That is a good point. It is certainly something that I shall need to look into and I shall need to write to my noble friend about it. There is no question but that the auditing side is particularly important.