In one case, we sought information on the details of a settlement in which an error had been made with the effect that the company concerned did not have to pay interest due on its tax liability. The C&AG told us that this resulted in a loss of up to £8 million in interest forgone. We have since received evidence from a whistleblower that the total value of interest payable in respect of this particular settlement could be as high as £20 million.
Note the very precise wording there.
The admission that £8 million in interest was foregone as a result of the mistake. The claim by Mba that the case shouls have entailed £20 million in total interest.
The way that paragraph has been constructed (and it is repeated elsewhere) makes you think, hey, they say that £ 8 million wasn\’t paid but the whistleblower says £20 million wasn\’t paid!
No, look more closely at the actual statement. The case involved £20 million in interest. £8 million in interest was not paid. Whatever the truth of the matter, that\’s actually what they are saying there. Norte what they have not said: that £20 million of interest should have been but was not paid.