Theodore Agnew, a member of the British administration responsible for government performance, resigned on Monday, criticizing Boris Johnson’s “regrettable” curriculum in the fight against fraud. The resignation, with a seat in the House of Lords, follows a spate of scams in a public plan to support companies affected by the epidemic.
The government has encouraged soft loans worth 47 47 billion (56 56 billion) to 1.1 million small businesses. According to Agnew, the British government has already repaid more than ில்லியன் 1 billion to banks that do not value companies on time, and a quarter of this amount is equivalent to fraudulent loans.
The current former governor, quoted in the “Financial Times” newspaper, was critical of the Ministry of Economy, Energy and Industrial Strategy and the public development bank responsible for the loan program. He considered the monitoring of these companies to be “not catastrophic” and accused those responsible of funding “having no knowledge or interest in the consequences of fraud on the economy and society.”
Agnew said a further வ 5 billion could be at risk as there are only two supervisors for the entire project, “none of them have experience in this matter”. Claiming to have tried to change this situation, he writes to Johnson: “This was certainly not due to a lack of effort, but to the fact that the government machinery was almost impenetrable in the face of my endless advice”. Separate this dismissal from other scandals involving his employer.
In his view, it is necessary to improve the training of staff in the fight against fraud to avoid “mistakes made by school students”. He writes that more than a thousand companies benefiting from the project in question have not taken any action before the outbreak.
The British government estimates that more than 20 billion of the claims in question were not repaid in a timely manner, of which £ 17 billion was related to a project criticized by Agnew. Money owned by British taxpayers.
Henry Blackwell is a contributor at Mediarunsearch.co.uk, covering a wide range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. He focuses on delivering clear, balanced reporting and useful information that helps readers stay informed about current events and emerging developments. His work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism.