The accusation was made by Chris Bryant, Labour MP for Rhondda and a member of the media and sport select committee, in a hearing with BBC directors and governors.
A furious Greg Dyke, the BBC’s director general, demanded an apology for comparing the organisation with a ‘corrupt financial organisation’.
Bryant said he was happy to apologise for ‘any imputation of anybody being financially corrupt’, but did not stand down from his accusation that the report was ‘fundamentally complacent’.
The row follows the publication of figures, which showed licence fee funding of £2.659bn, but a net debt of £74m. In addition the corporation’s pension would be more than a £1bn in deficit if it was calculated using FRS 17.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements