Coronavirus Grants: Fraud Debate

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Department: Leader of the House
Tuesday 25th January 2022

(2 years, 10 months ago)

Lords Chamber
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Viscount Younger of Leckie Portrait Viscount Younger of Leckie (Con)
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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.

Lord Vaux of Harrowden Portrait Lord Vaux of Harrowden (CB)
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My Lords, the sorts of fraud that we heard so vividly described yesterday would have been a lot more difficult if directors’ identities had to be verified. The Government announced some 18 months ago that they would do that. When will they start insisting that Companies House verify identities of directors?

Viscount Younger of Leckie Portrait Viscount Younger of Leckie (Con)
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That is certainly one of the lessons learned; I know that it is on the agenda to be looked at.