Review has found £39.3 BILLION of Tory Covid contracts could be corrupt

Review has found £39.3 BILLION of Tory Covid contracts could be corrupt

An independent review has found £39.3 billion of Tory Covid contracts could be corrupt.

Transparency International UK found 135 “high-risk” contracts with at least three red flags – warning signs of a risk of corruption.

The BBC’s article does not give details of all the contracts that are suspect, but it does say this:

Twenty-eight contracts worth £4.1bn went to firms with known political connections, while 51 worth £4bn went through a “VIP lane” for companies recommended by MPs and peers, a practice the High Court ruled was unlawful.

A further eight contracts worth a total of £500m went to suppliers no more than 100 days old – another red flag for corruption.

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Also:

The charity said its analysis also indicated that almost two thirds of high-value contracts to supply items such as masks and protective medical equipment during the pandemic, adding up to a total of £30.7bn, were awarded without any competition.

Admittedly, the then-Tory government said it waived competition rules in order to get equipment quickly – but:

Of a total of £48.1bn of public money spent on private sector contracts related to the Covid-19 pandemic, £14.9bn was written off by the Department of Health & Social Care.

Of that, approximately £1bn was spent on PPE that was deemed unfit for use, according to another [non-governmental organisation], Spotlight on Corruption.

Transparency International UK has said the suspension of normal safeguards was often unjustifiable, costing the public purse billions and eroding trust in political institutions. It has urged authorities to investigate the high-risk contracts it has identified.

The Covid-19 inquiry has begun its third module today (Monday, September 9, 2024).


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