Brexit & EconomyPoliticsTories demand NAO probe of Tube PPPs

Tories demand NAO probe of Tube PPPs

Lessons must be learnt from Railtrack administration costs, says shadow transport secretary

The Conservative shadow transport secretary has called for an investigation
by the National Audit Office into public-private partnerships following the
collapse of Metronet.

Shadow transport secretary Theresa Villiers has written to the auditor
general, Sir John Bourn, to call for an investigation into the operation of the
contracts following a critical report by the audit body last year on PPPs cost
to the taxpayer, writes The Guardian.

She said: ‘[Gordon Brown] received many warnings at the time of the problems
that the structure would involve, yet he disregarded them all, despite the fact
that there were a range of other options that could have been considered. Now
the chickens are really coming home to roost.’

Villiers added: ‘During their first investigation of PPP, the NAO highlighted
that nearly half a billion had been spent on consultancy fees. It is now vital
that lessons are learned from the wind-up of Railtrack and that costs are not
allowed to escalate as they did disastrously in that case.’

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