The anti-fraud minister, who resigned over the government’s decision to write off £4.3bn, says ‘I was very angry’

A Treasury minister who resigned over the government’s “schoolboy” handling of fraudulent Covid business loans has said there has been “not a zippo” of detail about how the chancellor plans to deal with the issue.

Theodore Agnew of Oulton, who was the Tories’ anti-fraud minister, publicly resigned from his Cabinet Office and Treasury posts on Monday over the government’s decision to write off £4.3bn in fraudulent loans. He called the oversight of the scheme “nothing less than woeful”.

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