Conditional on Labour winning the next UK Election, will they recover £1B of fraudulent COVID loans?
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150Ṁ5092026
10%
chance
1D
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The Labour Party have announced that they will set up a COVID Corruption Commission with the aim of recovering up to £7 billion in fraudulent COVID loans. Will they successfully recover even 1/7th of that? https://www.theguardian.com/politics/2023/oct/08/covid-corruption-commissioner-recoup-lost-billions-labour
Resolves YES if UK.GOV spokespeople confirm that they have successfully recovered one billion pounds or more by market close.
Resolves N/A if Labour do not win the next general election.
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Investigation announced into £600M of contracts. So unless they're going to under-promise and over-deliver, things aren't looking so bright for YES.
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