PracticeAccounting FirmsDame Shirley deal inquiry is ‘doomed’

Dame Shirley deal inquiry is 'doomed'

The Westminster district auditor's inquiry into the £12.3m settlement reached with Dame Shirley Porter over the 'homes for votes' scandal is unlikely to bring about a change to the deal, the man responsible for instigating it has admitted.

Link: District auditor to look at Dame Shirley deal

Speaking to Accountancy Age, Paul Dimoldenburg, Westminster council’s Labour leader, said that it would be ‘difficult if not impossible to get a new agreement’.

Following Dimoldenburg’s objection to the council’s accounts for 2003/2004, and his request that the district auditor issue a public interest report under section 8 of the Audit Commission Act 1998, district auditor Derek Elliot is to mount an investigation into the deal.

Dimoldenburg’s principal objections to the settlement are that Dame Shirley’s assets are ‘worth considerably more than the £12.3m accepted by the council’ and that the ‘agreement has been shrouded in secrecy’.

Dimoldenburg wants to bring the settlement, which has been endorsed by the Audit Commission, into the public domain.

‘What has she and the council got to hide?’ he asked.

A spokesman for Westminster council confirmed that an objection to the 2003/2004 accounts had been made by a voter and that the district auditor was ?bound? to follow up on any objections.

The council and interested parties are expected to be able to make oral representations to Elliot in November.

Related Articles

Johnston Carmichael CEO appointed as ICAS president

Accounting Firms Johnston Carmichael CEO appointed as ICAS president

3w Emma Smith, Managing Editor
British Accountancy Awards 2018 – entries open!

Accounting Firms British Accountancy Awards 2018 – entries open!

1m Emma Smith, Managing Editor
Is the accountancy sector facing an international talent crisis?

Accounting Firms Is the accountancy sector facing an international talent crisis?

1m Lewis Silkin
RSM appoints new Chief Operating Officer

Accounting Firms RSM appoints new Chief Operating Officer

1m Alia Shoaib, Reporter
RSM announces 11 partner promotions

Accounting Firms RSM announces 11 partner promotions

2m Emma Smith, Managing Editor
BDO hires former AstraZeneca creative director as head of digital and innovation

Accounting Firms BDO hires former AstraZeneca creative director as head of digital and innovation

2m Emma Smith, Managing Editor
What does the future hold for listed accountancy firms?

Accounting Firms What does the future hold for listed accountancy firms?

2m Fergus Payne, Lewis Silkin
EY, Deloitte lead Big Four in gender pay gap reporting

Accounting Firms EY, Deloitte lead Big Four in gender pay gap reporting

2m Emma Smith, Managing Editor