Author: Niall Hearty 8 December 2023
The track record of the Public Sector Fraud Authority was the subject of a Niall Hearty article.
In his piece, which was published by Fraud Intelligence, Niall outlines the scale of the coronavirus financial wrongdoing that preceded the creation of the Authority in a bid to tackle fraud involving public finances.
With the Authority having saved taxpayers £311 million in its first year – a figure above its £180 million target – Niall states that the government can claim to be acting on its promises to tackle fraud.
But he emphasises that the Authority has surpassed a target that was set by the government – and it would have been surprising if the government had set a particularly high target. He also points out that reaching this target comes after years of money being drained illegally from the public finances.
Niall adds that while progress has been made, the work of the Authority should only be a cause for celebration when it has returned huge amounts of money to the public purse year after year.
The full article can be read here. (Subscription required)
Niall has a wealth of corporate crime expertise and an ability to coordinate global bribery and corruption cases. His achievements in such investigations have made him a logical choice for corporate clients.