§ Mr. Damian Green
To ask the Secretary of State for Transport what estimate his Department has made of 1569W the cost of fraud to (a) his Department and (b) the executive agencies affiliated to his Department in each of the last five years. 
§ Charlotte Atkins
The answer covers the period since the Department was formed on 29 May 2002 and since that date the estimated cost of fraud (including theft) in my Department including the executive agencies are as follows:
Central department Agencies Total(£) 2002–03 757 73,560 74,317 2003–04 8,439 76,164 84,603
Assets have been valued at cost, net book value or replacement cost depending on the circumstances of the individual case. Recoveries from perpetrators or others, e.g. insurance claims, have been netted off. Some incidents are still under investigation and final values may change.