Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, how many and what proportion of coronavirus bounce back loans from each lender have been identified as fraudulent.

It is not possible to confirm the proportion of Bounce Back Loans from each lender that have been identified as fraudulent.

Lenders are able to flag individual loans as suspected fraud, however this does not necessarily indicate that a fraud has taken place, as this is ultimately determined by the Courts.