£68,000 compensation from £2.6m Lagan scam
GUERNSEY could receive just £68,000 in compensation following the airport runway scam which saw the States fooled into handing over £2.6m. to fraudsters.
While one of the men convicted of money laundering in relation to the scam has been ordered to pay back £67,973 within the next six months, or face a further year in jail, the other will not have to pay a penny.
John Woodhatch, 60, was sentenced to five years in prison at Southwark Crown Court in September 2015 after he teamed up with Adrian Taylor, 46, to help launder £2,613,032.16 stolen from the States in July 2012.
Taylor was sentenced to six years in prison for the offences.
Yesterday, Southwark Crown Court heard how Taylor had made £56,260 from the con, but has no available assets left to pay compensation.
Woodhatch, however, was ordered to pay back the £67,973 after raking in £261,300.
A States spokesman confirmed it would receive the compensation.
The former Treasury and Resources Department was fooled into handing the £2.6m. over in 2012.
Scammers had pretended to be from Lagan Construction, which was awarded with the £80m. contract to refurbish the airport runway.
A total of £300,000 was recovered at the time and the States covered the rest via General Revenue as an 'exceptional expenditure'.
