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

  • deegeese
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    1 year ago

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

      • thetreesaysbark@sh.itjust.works
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        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.