Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

COVID corruption commissioner unlikely to recover taxpayers’ money

by December 5, 2024
December 5, 2024
COVID corruption commissioner unlikely to recover taxpayers’ money

The appointment of Tom Hayhoe as the UK’s COVID corruption commissioner has been criticised as unlikely to recover significant taxpayer funds, according to leading audit and advisory firm Blick Rothenberg.

Fiona Fernie, a partner at the firm, questioned the value of the role, particularly given the time elapsed since the alleged corruption took place during the pandemic.

“Four years after the events occurred, it’s unclear why Rachel Reeves believes this appointment will achieve more than previous investigations, including the National Audit Office’s 2020 review or the Boardman Review in 2021,” Fernie said.

Hayhoe’s 12-month tenure has also been criticised as insufficient for such a complex inquiry. Fernie warned that those involved in questionable activities during the pandemic have had years to obscure evidence, making recovery efforts even more challenging.

Although Hayhoe is expected to provide recommendations on future government procurement processes during crises, Fernie questioned what additional insights this could offer beyond existing reviews, including the COVID inquiry led by Baroness Heather Hallett and the National Crime Agency’s ongoing investigations into potential PPE-related criminal offences.

The delay in appointing Hayhoe has also come under scrutiny. Despite being a Labour manifesto pledge, it took five months into their government for the appointment to be finalised, with frequent public promises of an imminent announcement.

Fernie expressed support for efforts to investigate fraud and recover public funds but cautioned that the cost of Hayhoe’s role might outweigh the financial recoveries it achieves. “This appointment may easily cost the Exchequer more than it will recover and is unlikely to bring any new information to light,” she said.

The criticism raises broader questions about the effectiveness of retrospective investigations and the balance between accountability and the cost of pursuing historical cases.

Read more:
COVID corruption commissioner unlikely to recover taxpayers’ money

0
FacebookTwitterGoogle +Pinterest
previous post
CDBG: A Ripe Target for DOGE
next post
‘The pendulum is swinging’: Experts weigh in on historic SCOTUS transgender case amid oral arguments

You may also like

Twitter says Musk is ‘conjuring’ excuse to escape...

August 5, 2022

Iceland to offer interest-free loans to customers as...

August 18, 2022

How to implement an inbound marketing plan

December 15, 2023

Conservative Leadership Odds: Who Could Be the Next...

October 7, 2024

Half of UK firms given loans by British...

November 14, 2022

Retailers demand scrapping of ‘£2bn’ waste strategy policy...

February 24, 2023

FSB calls out banks’ use of harsh personal...

December 11, 2023

NatWest to end new business loans for oil...

February 10, 2023

How to Run a Successful Personal Injury Law...

May 9, 2024

DRIVE 321 celebrates five years in business

December 15, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Lotus denies plans to close Hethel factory amid US expansion talks

      June 29, 2025
    • Top university degrees lose sway as tech employers prioritise job-ready skills

      June 29, 2025
    • Government urges supermarkets to make healthy food more appealing in bid to tackle obesity crisis

      June 29, 2025
    • Senate Republicans ram Trump’s ‘big, beautiful bill’ through key test vote

      June 29, 2025
    • Chief Justice Roberts sounds alarm on dangerous rhetoric aimed at judges from politicians

      June 29, 2025
    • Britain’s fastest-growing firms revealed for 2025: Dfyne, Nala’s Baby and Hawkstone lead the charge

      June 29, 2025

    Categories

    • Business (8,333)
    • Investing (2,081)
    • Politics (15,853)
    • Stocks (3,177)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved