Sunday 20 October 2013

Vicious Serco? UK public service company entwined in major fraud scandal — RT News

Vicious Serco? UK public service company entwined in major fraud scandal — RT News:

"UK service company Serco has its fingers in numerous government pies, running British services from transport to prisons while staying invisible to the ‘man on the street.’ The global giant now faces investigation for fraud as it seeks new contracts.

Towards the end of September, the company was alleged in a government report to have charged for the service of tagging criminals who were dead, in prison, or were never tagged at all.

Serco and private security giant G4S overcharged the government by tens of millions of pounds for the practice, which, according to Big Four accountancy firm PricewaterhouseCoopers, could date back as far as 1999.

The expose prompted Britain’s Serious Fraud Office to confirm that they are assessing information on Serco provided by the Ministry of Justice. "

'via Blog this'

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