400 million [pounds sterling] lost from NIC fund.

Position:National Insurance Fund - Brief Article
 
FREE EXCERPT

The Department of Social Security and the Benefits Agency lost more than 400 million [pounds sterling] from the National Insurance Fund in 1999 and 2000, according to a report by the National Audit Office. Most of the losses stemmed from errors made by officials when they were awarding benefits, from fraudulent benefit claims and from fraudulent encashment of...

To continue reading

REQUEST YOUR TRIAL