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Related: About this forumThe fat cats of foreign aid: Ministers 'to target consultants paid £500m by the taxpayer'
An emergency audit was opened last night into revelations that poverty barons are making millions in consultancy fees from the foreign aid budget.
Nearly £500million was paid out last year to firms that work on Third World programmes. Some give their directors seven-figure salaries.
The probe was launched by Justine Greening, who was appointed International Development Secretary against her will in David Camerons Cabinet reshuffle this month.
Miss Greening, who is an accountant by training, has demanded a rapid explanation of apparently extravagant spending and is said to be going through the Department for International Developments budget line by line.
Read more: http://www.dailymail.co.uk/news/article-2204239/The-fat-cats-foreign-aid-Ministers-target-consultants-paid-500m-taxpayer.html#ixzz26ibC1STY
xchrom
(108,903 posts)Jeneral2885
(1,354 posts)this is not based on any political party. Labour, Conservative or Lib Dem, aid consultants are always there.
Nihil
(13,508 posts)>> Some give their directors seven-figure salaries.
fedsron2us
(2,863 posts)who apparently receive UK taxpayers money to 'encourage the free market in Nepal'.
Would not it be simpler just to throw the cash from a helicopter to the poor.
LeftishBrit
(41,205 posts)tjwmason
(14,819 posts)Contradiction in terms is the least of their worries...the good Kirkaldy economist and moral philosopher is probably spinning in his grave at the purloining of his name.
T_i_B
(14,738 posts)Now that's a massive surprise!
Jeneral2885
(1,354 posts)is neoliberal by heart. Adam Smith was not.