Discover and read the best of Twitter Threads about #ToriesMismanagement
Most recents (1)
@carryonkeith @GarethDaviesNAO on @IanKingSky on #BounceBack loan #Fraud!!
='£17bn uncollectable, 5bn fraud'...BUT DAMNING APPRAISAL GETS WORSE!! LONG THREAD!!
Eg. Govt removed credit checks so no idea of credit worthiness!
1/
='£17bn uncollectable, 5bn fraud'...BUT DAMNING APPRAISAL GETS WORSE!! LONG THREAD!!
Eg. Govt removed credit checks so no idea of credit worthiness!
1/
@carryonkeith @GarethDaviesNAO @IanKingSky MORE EXAMPLES:
1.'DUPLICATE PAYMENT CONTROL': Spotting ppl who were making #BounceBack loan applications to multiple banks, that wasn't brought in for a month which might not sound v much but in this scheme £28 BILLION was lent in the 1st month & by far the busiest month!...
2/
1.'DUPLICATE PAYMENT CONTROL': Spotting ppl who were making #BounceBack loan applications to multiple banks, that wasn't brought in for a month which might not sound v much but in this scheme £28 BILLION was lent in the 1st month & by far the busiest month!...
2/
@carryonkeith @GarethDaviesNAO @IanKingSky So before any duplicate checks in place, £28 bn had gone out the door!😱😬
2.'COUNTER FRAUD CHECKS': 'Spotting where a dormant company had a new director added to it in Company's House, signalling in many cases...somebody is using that dormant company to commit a FRAUD...
3/
2.'COUNTER FRAUD CHECKS': 'Spotting where a dormant company had a new director added to it in Company's House, signalling in many cases...somebody is using that dormant company to commit a FRAUD...
3/
