PracticeConsultingParliament not told of Dome indemnity

Parliament not told of Dome indemnity

The permanent secretary for the culture department was forced to offer an apology over an alleged failure to tell parliament of the government's decision to indemnify directors at the Dome.

Answering questions and the Public Accountants Committee meeting on the Dome, Robin Young, permanent secretary at the DCMS, claimed that his department had not given indemnity against charges of trading while insolvent, but had confirmed existing indemnities.

However, David Davies, chair of the PAC referred to council received from both the Speaker’s office and the Comptroller and Auditor General which clearly stated that parliament should have been told in June that indemnity for the board of the New Millennium Experience Company had been granted.

Young apologised if the government had done wrong but believed there was no need to notify parliament as a 1996 Treasury document outlined how indemnities were given to the boards of all non-departmental public bodies.

‘Faced with such council one’s confidence dissipates,’ said Young.

Related Articles

5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

5m Alia Shoaib, Reporter
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Managing partner Q&A - the year ahead: Richard Toone, CVR Global

Accounting Firms Managing partner Q&A - the year ahead: Richard Toone, CVR Global

12m Kevin Reed, Writer
Deloitte 'self-imposes exile' on government contracts to defuse PM row

Accounting Firms Deloitte 'self-imposes exile' on government contracts to defuse PM row

12m Kevin Reed, Writer
Managing partner Q&A - the year ahead: Julie Adams, Menzies

Accounting Firms Managing partner Q&A - the year ahead: Julie Adams, Menzies

12m Kevin Reed, Writer
Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

Business Regulation Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

1y Kevin Reed, Writer
Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

Audit Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

1y Kevin Reed, Writer
New head of equity capital markets for KPMG

Accounting Firms New head of equity capital markets for KPMG

1y Stephanie Wix, Writer