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<blockquote data-quote="Exfarmer" data-source="post: 7868706" data-attributes="member: 1951"><p>How many used the facility? Apparently £47 billion was lent to 1.5 million business’s despite warnings that it was open to fraud.</p><p>17 billion is the estimate of how much will never be repaid thanks to borrowers defaulting.</p><p>3.5 -5 billion is believed to have been claimed fraudulently by organised gangs</p><p>The government is investing £30 million to try and reclaim some of this money, they are optimistic of getting £6million back</p><p>Was it such a goodinvestment?</p></blockquote><p></p>
[QUOTE="Exfarmer, post: 7868706, member: 1951"] How many used the facility? Apparently £47 billion was lent to 1.5 million business’s despite warnings that it was open to fraud. 17 billion is the estimate of how much will never be repaid thanks to borrowers defaulting. 3.5 -5 billion is believed to have been claimed fraudulently by organised gangs The government is investing £30 million to try and reclaim some of this money, they are optimistic of getting £6million back Was it such a goodinvestment? [/QUOTE]
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