Tuesday, July 16, 2024
HomeNewsGlobal NewsUK government launches fraud squad

UK government launches fraud squad

LONDON, England – A new team at the heart of government has been told to hunt down fraud committed against the public purse, with a £180 million target set for the first 12 months.

Government efficiency minister Jacob Rees-Mogg issued the rallying cry today while launching the new Public Sector Fraud Authority – setting it a first-year target of £180 million of identified fraud benefits. The Domestic And Economic Efficiency And Value For Money Committee has challenged the new organisation to work with departments to agree longer-term targets by December.

Minister for government efficiency, Jacob Rees-Mogg, said:

“Public sector fraud is not an attack on a single person, and so to many the pain feels less sharp than when directed at individuals. But fraud attacks on government are attacks on money earned by much put-upon taxpayers.

“They are an attack on the emergency services whose funding they deplete, similarly they steal money from infrastructure projects. As criminals develop more sophisticated tools, we too must adapt and modernise.

“So we’re attracting the brightest minds and equipping them with tools to detect, prevent and deter those who seek to steal money intended to fund vital public services.”

The Public Sector Fraud Authority will launch with a target of working with departments and public bodies to detect and prevent £180 million of fraud. This will be delivered in part by supporting BEIS and bank lenders with advanced data analytics expertise and tools to find fraud and recover fraud linked to the Bounce Back Loan scheme.

The Public Sector Fraud Authority will be made up of counter fraud and data experts, using best-in-class tools and advanced analytics to help departments and public bodies protect public money. It will be supported by a cross-sector advisory panel that will provide expert advice and help shape the strategic approach to public sector fraud prevention and reduction. The Advisory Panel will have a chair, who will be announced in September.

Backed by £25 million of new funding, the organisation will modernise the government’s counter-fraud response, working with departments and public bodies to test their fraud defences, using leading practice and modern techniques, and then to help them put stronger safeguards in place.

It will do this by:

  • Agreeing ambitious counter-fraud plans for departments and public bodies and reviewing progress;
  • Regularly and directly briefing cabinet ministers including HM Treasury and cabinet office on the latest fraud landscape;
  • Providing expert support to departments and public bodies about the fraud risks and threats they face, then help to design defences against them and test their effectiveness;
  • Building a new National Counter Fraud Data Analytics Service that will provide advanced data capabilities, such as social network analysis, to surface, fight and prevent  fraud against taxpayers;
  • Enhancing the use of fraud intelligence across the public sector, and with other sectors, to combat specific threats.

Chief secretary to the Treasury Simon Clarke, said:

“The launch of the new body will put a laser-like focus on fraud and renew our efforts to combat people taking advantage of our public services and support.

It will reinforce wider investment in government to crack down on fraud and mis-claiming, including £210 million for HMRC to further tackle fraud, and £510 million for DWP to target welfare fraud in 2021.

“Tackling fraud will drive efficiency, saving taxpayers’ hard-earned money which is even more important as we know people are struggling with the rising cost of living.”

Ahead of a permanently appointed head of the Authority, the organisation will be led by Mark Cheeseman OBE, an internationally recognised expert in public sector fraud, who led the creation of the government’s Counter Fraud Profession and the set up of the International Public Sector Fraud Forum – a collaboration between Australia, Canada, New Zealand, the United States and the UK to share, agree and publish leading practice on fraud management in the public sector.



Please enter your comment!
Please enter your name here


Caribbean News

Caribbean CBI reforms 2024 Outlook: Updated price tags

Economic citizenship programs in the OECS are reformed. The objective is to enhance the integrity of the programs and increase and...

Global News

Canadian economy to see modest growth in the second quarter

TORONTO, Canada - The Canadian economy continued growing modestly in Q2 2024, finds the latest Main Street Quarterly report by the Canadian Federation of Independent Business (CFIB). Key...