1/ A lot of people are concerned about fraud in our Covid support measures and they’re absolutely right to be. No, I’m not ignoring it, and I'm definitely not ‘writing it off’ 👇
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2/ Clearly criminals have sought to exploit our support schemes. We’re going to do everything we can to get that money back and go after those who took advantage of the pandemic.
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3/ We've invested over £100m in a Taxpayer Protection Taskforce with 1,265 staff to combat fraud. That's one of the largest and quickest responses to a fraud risk by @HMRCgovuk ever. 13,000 one-to-one enquiries were opened in 2020/21 and HMRC wrote to 75,000 people.
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4/ The vast majority of people did the right thing but we are still addressing incorrect claims. Last year we stopped or recovered nearly £2.2 billion in potential fraud from Bounce Back Loans and £743m of overclaimed furlough grants.
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5/ It’s worth also remembering the context at the time. Businesses on the brink of collapse needed support quickly, something that many, including Labour, were calling for. We delivered that support in record time with Furlough and our loan schemes saving thousands of jobs.
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6/ Some pointing at covid fraud now are the same people who insisted, at the time, support should not be means-tested at all. Thanks to the action we took we’re now seeing a thriving labour market and the economy has now grown above pre-pandemic levels, faster than predicted.

Jan 26, 2022 · 1:38 PM UTC

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Replying to @RishiSunak
Ah so it is someone else’s fault
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Replying to @RishiSunak
I think it did help a lot of businesses, and thank you for that. But please do recoup the fraudulent money AND while you’re at it please take a look at MPs expenses etc & see whose taking the piss. It’s OUR money & it needs to be used correctly
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Replying to @RishiSunak
🤔 Mail: 'Rishi writes off £4.3bn taken by shameless fraudsters from furlough and other business support during lockdown: Officials admit they will only recoup a QUARTER of £5.8bn taken by Covid criminals' dailymail.co.uk/news/article…
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Replying to @RishiSunak
Why aren’t the financial institutions that administered the loans being held accountable??
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Replying to @RishiSunak
Stop taxing young people so much to fund your elderly voters
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Replying to @RishiSunak
What is your opinion on the PPE VIP fast track lane and all the controversy around that? e.g. Contracts to unsuitable companies, contracts to friends of Ministers etc, PPE supplied that was unfit for use, not giving contracts to proven suppliers who were trying to help out. etc
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