Bounce Back Loan Scheme: Fraud
The question
To ask the Secretary of State for Business and Trade, on what dates the Government renewed the contract for the National Investigation Service to investigate COVID-19 Bounce Back Loan fraud nationwide.
Answered by Kate Dearden
NATIS was commissioned by the Department for Business, Energy & Industrial Strategy (BEIS), subsequently The Department for Business and Trade (DBT) in September 2020 to undertake investigations into potentially fraudulent activity by recipients of loans under the Covid-19 Bounce Back Loan Scheme. The contract was renewed effective from 1st April 2024.
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