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I've read it all again Gary, and it is hard to fathom just what point is being made, other than the "What about the workers?!" angle.
I must boil down to two separate things...
-In a case where assets are frozen the State picks up the tab for all defendants. Something (they say) is to be addressed. [#25]
-That two areas of expenditure are being conflated:The overall cost of prosecutions and Legal Aid.
"The taxpayer is forced to foot a bill mounting up to hundreds of millions to deal with bank fraud cases each year...said Michael Turner QC, chairman of the Criminal Bar Association...
...Speaking before MPs on the justice select committee today, Mr Turner said there were better ways of making savings to the
legal budget
, one of them being to ensure that banks were obliged to insure themselves against fraud and the cost of prosecutions.
Speaking to The Independent, he said: "About 45 per cent of the criminal legal aid budget of £1.1 billion is spent on these fraud cases."
"The state pays for the investigation by the police and the state prosecutes at the expense of the tax payer," said Mr Turner, pointing out that the higher burden of proof required in a criminal court then made it simpler for a bank to prove a civil case.
"If they never recover that money, the banks are entitled to write off the fraud loss against tax..."
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