Deloittes dragged into Tube row
Deloitte & Touche, financial adviser to Transport for London, was today dragged into the row over the future of the London Underground.
Bob Kiley, the sacked chairman of London Transport, hit out at the government’s public private partnership plans for the capital’s Tube network, saying a report by Deloittes raised serious concerns over both safety and financing.
Speaking on BBC’s Today progamme, Kiley blasted the government, saying his dismissal was an attempt to silence him and prevent him from presenting the key report to the LT board.
He urged the board to keep an open mind and ‘not let the muzzle be put around it, because they have an obligation to look at these matters’.
Transport Secretary Stephen Byers said the government would press ahead with the PPP scheme as it was the only way to raise the necessary billions of pounds needed to fund improvements for the Tube.
Links
New one-stop PFI/PPP portal launched
PFI/PPP deals can aid public sector