The £234m building cost £28m more in real terms than original forecasts, and a further £13m went on legal costs and removal work before the bronze-clad building was opened in 2000.
Edward Leigh, chairman of the powerful Public Accounts Committee, complained that a number of risks had not been identified and that legal arguments over the window contract had cost too much.
He said: ‘We are still waiting for a satisfactory explanation for this, including who should be held personally to account for it.’
Simon Wright of CareersinAudit.com discusses how an effective cyber defence force is critical to businesses worldwide and how internal auditors can make the transition to a new career in cyber security
The FRC has said that the investigation will 'consider, but not be restricted to, issues regarding misstated accounting balances'
Craig Maxwell joins the audit and assurance team in Scotland
Stephen Grayson to join the audit department in Manchester