ABC News & Headlines – Australian Broadcasting Corporation·3 min read·medium

IBAC finds 9,000 ineligible businesses received $250m in COVID

R
Richard Willingham
IBAC finds 9,000 ineligible businesses received $250m in COVID
✦AI Summary

An investigation by Victoria's anti-corruption commission found that $250 million in COVID-19 business grants were paid to 9,000 ineligible businesses. Public servants withheld information about the errors from the government minister to avoid negative scrutiny.

Why it matters

It highlights significant failures in government oversight and transparency during emergency pandemic spending programs.

✦Dive DeeperCreate a free account to unlock

Emergency business support grants offered during the COVID-19 lockdowns were subject to an anti-corruption commission investigation. ( ABC News: Simon Tucci )

An investigation by Victoria's anti-corruption commission found more than $250 million in business support grants was paid to 9,000 ineligible Victorian businesses.

The report found senior public servants withheld information from the Victorian government minister overseeing the scheme.

The opposition says the report is more evidence Labor mismanaged taxpayers' money during the pandemic.

Link copied Share Share article More than $250 million in COVID-19 support was paid to 9,000 ineligible Victorian businesses, but senior public servants never reported the payments to the minister, an anti-corruption commission probe has found.

During the pandemic, billions of dollars in support were paid to businesses as Melbourne endured repeated lockdowns. To qualify, businesses needed to be registered for GST.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
politicsbusiness
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in