£468m of cash from failed Covid PPE contracts is still owed to taxpayers

£468m of cash from failed Covid PPE contracts is still owed to taxpayers

Only a fraction of the £1.4bn of taxpayer money spent on failed personal protective equipment (PPE) contracts during the Covid pandemic has been recovered, The i Paper can reveal.The commission in charge of clawing back the cash is also yet to fully tackle the estimated £1.9bn spent on companies believed to have taken out fraudulent Covid loans.The loans were aimed at keeping businesses afloat during the pandemic but there have been cases of ind…