PracticeConsultingPwC called in for new Dome probe

PwC called in for new Dome probe

Forensic accountants at PricewaterhouseCoopers have been called in by the Millennium Dome's new chief to investigate 2,000 supplier contracts, the Mail on Sunday reported this weekend.

The move follows earlier allegations of corrupt practices involving the award of contracts to suppliers at the Dome.

David James, the troubleshooter brought in to sort out the Dome’s financial position, has called in the accountants after PwC carried out a general review of the New Millennium Experience Company’s finances last month.

The inquiry has been sparked by suspicions that alleged wrongdoing in the allocation of supplier contracts might be more widespread than originally thought.

It is believed the PwC team last week questioned senior directors and ex-directors at NMEC on how suppliers and designers were introduced to the company and how and by whom contracts were awarded.

The National Audit Office is due to publish its own report on the Dome in November.

Links

Dome FD Spence resigns

Analysis: Financial turmoil at the Dome

Extent of Dome crisis revealed

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