I recommend watching this edition of Panorama, broadcast last night.
It looks at those abusing UK bankruptcy law.
It notes how easy it is for fraudsters to form companies - even from within prison.
And it notes the lameness of the government's excuse. I quote the concluding comments of the programme
My investigation has revealed a bankruptcy system fraught with problems. A lack of resources; regulation, a lack of monitoring and robust punitive measures.
The government is quick to say that business is key to a healthy economy
But allowing the unscrupulous to flourish puts that at risk.
I noted in another post this morning:
The UK government really is intent on promoting opportunity for money launderers and those committing related crimes, such as tax evasion.
Why is that?
What is it that the government thinks to be to the advantage of the UK when doing so?
That’s a question in need of an answer.
The very same questions could be asked as a consequence of the conclusions drawn by the Panorama programme.
We need to know, why is our government is so keen to turn a blind eye to crime?