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Press watch: HMRC and Goldman Sachs

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‘The Goldman Sachs tax bill controversially waived by HMRC chief Dave Hartnett was twice as big as he has claimed, a whistleblower has revealed. Mr Hartnett had said the bill was "smaller than £10m". However, Osita Mba has claimed it was "£20m in rough figures" in fresh evidence [published on the Public Accounts Committee website on 8 December] …

‘Mr Mba said the [interest not charged amounted] to around £20m. He said it includes £10.8m of interest accrued up to October 2005, on top of that from October 2005 to February 2011 …

‘A spokesman for HMRC said: "Dave Hartnett's evidence to the PAC is entirely consistent and accurate. Mr Hartnett made clear that an error occurred and the Comptroller and Auditor General is on record as saying this error was between £5m and £8m."’

Daily Telegraph, 12 December 2011

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