Manolete Partners PLC Hire of Former Government Counter-Fraud Expert
February 06 2023 - 1:00AM
RNS Non-Regulatory
TIDMMANO
Manolete Partners PLC
06 February 2023
6 February 2023
MANOLETE PARTNERS PLC
("Manolete" or the "Company")
Manolete Hires Former Government Counter-Fraud Expert
Manolete Partners Plc ("Manolete" or the "Company"), the leading
UK-listed insolvency litigation financing company, today announces
that Lord Theodore Agnew will be joining the Company as an expert
counter fraud adviser.
Commencing 6 February 2023, Lord Agnew will support the Company
in further developing its practice in assisting UK financial
institutions to recover monies for the taxpayer that were
unlawfully misappropriated under the UK Government's Bounce Back
Loan Scheme. That scheme was launched in 2020 in response to the
Covid-19 pandemic and was aimed at supporting small and
medium-sized businesses to borrow between GBP2,000 and GBP50,000 at
a low interest rate, guaranteed by the UK Government.
Lord Agnew was a former Cabinet Office and Treasury Minister,
with responsibility for counter fraud in HM Government.
Steven Cooklin, CEO of Manolete, commented: "We are delighted to
have one of the country's leading counter-fraud experts join our
team as we progress our efforts to support the Government in the
important area of Bounce Back Loan recoveries, specifically where
Directors of UK companies have misappropriated those monies from
their companies".
Lord Agnew commented: "Working in conjunction with Government
agencies and leading financial institutions, Manolete has developed
an effective solution to assist in maximising the recovery of
Bounce Back Loans that were unlawfully misappropriated by some UK
company directors. I look forward to assisting the company in its
recovery programme".
For further information please contact:
Manolete Partners
Steven Cooklin (Chief Executive
Officer) via Instinctif Partners
Peel Hunt (NOMAD and Sole
Broker)
Paul Shackleton +44 (0)20 7418 8900
Instinctif Partners (Financial
PR)
Tim Linacre
Victoria Hayns +44 (0)7949 939237
Editor's Notes:
Manolete Partners Plc is listed on the AIM market of the London
Stock Exchange (MANO). Company website:
www.manolete-partners.com
Lord Theodore Agnew was Minister of State at the Cabinet Office
and Her Majesty's Treasury from 14 February 2020 to 24 January
2022. He was previously Parliamentary Under Secretary of State for
the School System from 28 September 2017 to 14 February 2020. He
also served as a lead non-executive board member at the Ministry of
Justice, and a non-executive board member at the Department for
Education where he was chair of the department's Academies Board
from 2013 to 2015.
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