Leaked documents show businessman went on a spending spree and left a council effectively bankrupt.

  • deegeese@sopuli.xyz
    link
    fedilink
    arrow-up
    7
    ·
    1 year ago

    Predictable outcome of letting local councils invest taxpayer money in whatever corrupt scheme greases their palms.

      • thetreesaysbark@sh.itjust.works
        link
        fedilink
        arrow-up
        4
        ·
        1 year ago

        The Audit Commission - a spending watchdog that stopped councils taking too many risks - was abolished in 2015.

        Probably not abolishing the thing that was literally there to stop this from happening.

        In fairness maybe this thing didn’t work, but surely some oversight would reduce ridiculous things like this from happening.