Barnet Lib Dems slam Tory's 'Iceland whitewash'
Barnet Liberal Democrats have condemned the Resources Scrutiny Committee report into the Icelandic Banks fiasco as a whitewash. An all party working group had produced a draft report looking at how Barnet lost £27.4 million pounds in Icelandic Banks. The working party amongst other things uncovered that Barnet had made these investments against the rules of its own treasury management strategy. In fact 89% of all Barnet investments over several years had broken the rules.
29 Mar 2009
