Ruling said enough scrutiny exists to detect fraud while naming borrowers in £47bn scheme puts them at risk

The British government has been given the go ahead to keep concealing the names of companies which received in total more than £47bn in state-backed Covid loans, after a tribunal ruled in its favour.

The tribunal case had been brought by campaign group Spotlight on Corruption, amid concerns fraudsters and organised criminals had exploited government-guaranteed loans intended for struggling firms during the pandemic.

Ruling said enough scrutiny exists to detect fraud while naming borrowers in £47bn scheme puts them at riskThe British government has been given the go ahead to keep concealing the names of companies which received in total more than £47bn in state-backed Covid loans, after a tribunal ruled in its favour.The tribunal case had been brought by campaign group Spotlight on Corruption, amid concerns fraudsters and organised criminals had exploited government-guaranteed loans intended for struggling firms during the pandemic. Continue reading…