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Federal government deposited nearly $26 million in the wrong bank accounts last year

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The federal government deposited nearly $26 million into the wrong bank accounts during the last fiscal year — and more than $10 million of it may be gone for good.

According to figures tabled in the House of Commons, the government sent 22,170 direct deposits to the wrong bank accounts between April 1, 2020 and March 31, 2021. In the previous fiscal year, it deposited 9,619 payments worth a total $6.6 million into the wrong accounts.

The number of cases reported during the 2020-2021 fiscal year is the highest since at least 2012. The total amount paid into the wrong accounts — $25.9 million — is

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This story was originally published on  CBC News. To read the rest of this news worthy story, please visit https://www.cbc.ca/news/politics/government-payments-deposits-misdirected-1.6290246?cmp=rss.

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