Companies House collects just £1,250 in fines in corruption crackdown
by Rob Davies from on (#6WED2)
Just 2% of total penalties paid, raising concerns about agency given new powers to fight economic crime
The UK government agency responsible for overseeing a national register of companies has collected just 1,250 in fines after being given new powers to crack down on corruption, it has emerged.
Companies House is implementing a series of reforms, amid embarrassing revelations about fraudsters and jokers signing up to the corporate register with names such as Darth Vader" and Santa Claus".
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