NS&I boss replaced as savers left waiting for millions of pounds
Original article: https://www.bbc.co.uk/news/articles/c3w3eg4n9zwo
Fact-Check Results
“The boss of government-backed bank National Savings and Investments (NS&I) has been replaced following a scandal over lost funds.”
❓
INSUFFICIENT EVIDENCE
— No evidence in archive to confirm or refute claims about NS&I CEO resignation
“Some 37,500 people have been affected, with bereaved families facing delays accessing their relatives' premium bonds with a total value of up to £476m.”
❓
INSUFFICIENT EVIDENCE
— No evidence in archive to verify affected customer numbers or financial impact
“NS&I chief executive Dax Harkins had resigned and been replaced by former HMRC boss Sir Jim Harra.”
❓
INSUFFICIENT EVIDENCE
— No evidence in archive to confirm CEO names or succession details
“NS&I had notified the Treasury in December of 'operational failures' in tracing funds.”
❓
INSUFFICIENT EVIDENCE
— No evidence in archive to verify NS&I's December notification to Treasury
“NS&I said the issue causing the errors had been resolved and it apologised for the mistakes.”
❓
INSUFFICIENT EVIDENCE
— No evidence in archive to confirm resolution status or apology statements
“NS&I serves more than 24 million people with a range of savings and investment offers.”
❓
INSUFFICIENT EVIDENCE
— No evidence in archive to verify customer base size
“The attraction of its products is their security, with the safety of savings guaranteed by the government.”
❓
INSUFFICIENT EVIDENCE
— No evidence in archive to confirm government-backed security claims
“NS&I said in a statement that errors occurred because the search process used when handling a bereavement claim failed to identify all of its products.”
❓
INSUFFICIENT EVIDENCE
— No evidence in archive to verify technical explanation for errors
“NS&I apologises and is extremely sorry for these errors. It is working hard to ensure everybody affected is paid what is owed to them.”
❓
INSUFFICIENT EVIDENCE
— No evidence in archive to confirm apology statements or remediation efforts
“Pensions Minister Bell said that after reviewing over 34 million customer cases, the government had identified around 37,500 customers affected.”
❓
INSUFFICIENT EVIDENCE
— No evidence in archive to verify government review findings
“NS&I apologises and is extremely sorry for these errors. It is working hard to ensure everybody affected is paid what is owed to them.”
❓
PENDING
“NS&I funds retained full government backing.”
❓
PENDING
“NS&I said errors occurred because the search process used when handling a bereavement claim failed to identify all of its products.”
❓
PENDING