A new £25 million central government taskforce that will enlist an elite team of experts to crack-down on fraudsters who attempt to steal taxpayers’ cash will be operational by the summer, the Chancellor will announce today (27 April)
Rishi Sunak will unveil the new Public Sector Fraud Authority, which will be up and running by July, doubling the Government’s central counter fraud capacity.
The new body will recruit leading data analytics experts and economic crime investigators to recover money stolen from Covid support schemes and spot suspicious companies and people seeking Government contracts. Counter fraud experts will also mount mandatory inspections on Whitehall programmes to uncover vulnerabilities.
Chancellor of the Exchequer, Rishi Sunak said:
Minister for Brexit Opportunities and Government Efficiency, Jacob Rees-Mogg said:
Recruitment for the Chief Executive of the Public Sector Fraud Authority will start in the coming weeks, with candidates picked from leading counter fraud experts. The new CEO will answer directly to the Chancellor and the Minister for Brexit Opportunities and Government Efficiency.
Mr Sunak will unveil details of the new counter fraud squad when he chairs the first meeting of the government’s new Efficiencies and Value for Money Committee later today, set up at the request of the Prime Minister.
At the committee the Chancellor will also launch the Government’s Plan for Protecting the Taxpayer to cut waste by slashing the Government’s property bill, doubling the NHS efficiencies target, reducing non-front line civil service head count, as well as “quango” budgets and cracking down on fraud and error.
The committee is chaired by the Chancellor and deputy co-chaired by Simon Clarke, Chief Secretary to the Treasury and Jacob Rees-Mogg, Minister for Brexit Opportunities and Government Efficiency.
The full membership of the committee, confirmed today, is Steve Barclay, Chancellor of the Duchy of Lancaster, Oliver Dowden, Minister without Portfolio and Michael Ellis, Paymaster General and Minister for the Cabinet Office.