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Bounce straight back loans: Taxpayers may lose Р’Р€26bn on unpaid loans

As much as 60percent of crisis pandemic loans made beneath the Bounce straight Back scheme may never ever be repaid, a written report because of the federal government’s spending watchdog claims. The nationwide Audit workplace (NAO) said taxpayers could lose just as much as Р’Р€26bn, from fraudulence, organised criminal activity[…]