ukwirednews
Business
Serious Fraud Office payments to ex-CEO 'irregular'
Published: 1st Nov 2012 15:54:31
Pension and severance payments of £412,000 made to the former chief executive of the Serious Fraud Office have been ruled as "irregular" by the National Audit Office.
It said the payments made to Phillippa Williamson were "made without proper authorisation".
As a result, the National Audit Office said it was "qualifying" the SFO's annual accounts for 2011-12.
Ms Williamson took voluntary redundancy earlier this year.
This means the NAO did not approve the accounts as being spent in the way the money was intended by Parliament.
The head of the NAO, Amyas Morse, said: "By failing to seek approval from the Cabinet Office and the Treasury, the Serious Fraud Office entered into an agreement which forced it to make irregular payments.
"While positive steps have been taken by the incoming director, I have qualified the organisation's accounts."
Harvard Citation
BBC News, 2012. Serious Fraud Office payments to ex-CEO 'irregular'. [Online] (Updated 01 Nov 2012)Available at: http://www.ukwirednews.com/news.php/1461468-Serious-Fraud-Office-payments-to-ex-CEO-irregular [Accessed 13th May 2013]
Latest News
-
At 07:52:18 in Headlines
Pakistan election: Sharif edges closer to majority
Nawaz Sharif appears on course to secure a majority in Pakistan's parliament and form the next government after claiming victory after ... -
At 07:46:07 in Wales
Wales economy growing slowly, says CBI's Emma Watkins
The Welsh economy should pick up later this year and that will continue into 2014, the employers' organisation the CBI has predicted. ... -
At 07:45:06 in Politics
David Cameron arrives in US as Tory EU row rages
The prime minister has arrived in Washington for talks with US President Barack Obama as a debate rages within his party about the UK's... -
At 07:33:34 in England
Huhne and Pryce released from prison
Former cabinet minister Chris Huhne and his ex-wife Vicky Pryce have been released from prison having served part of their jail terms for pe... -
At 07:30:23 in England
Peregrine falcon chicks hatch at Hampshire police HQ
A pair of peregrine falcons nesting at the police headquarters in Hampshire have hatched two chicks.... -
At 07:27:01 in Wales
April Jones murder case: Vehicle evidence expected
The April Jones murder trial is expected to hear evidence from an expert who examined the vehicle which the prosecution says was used in her... -
At 07:24:40 in England
Several animals die in pet shop fire in Fulham
Several animals have died in a fire at a pet shop in west London.... -
At 07:13:43 in England
Tenerife murder victim's daughters meet killer's family
Two sisters whose mother was beheaded by a man with paranoid schizophrenia in a supermarket on Tenerife have met his family in north Wales.... -
At 07:07:07 in Entertainment
Bafta TV awards: Surprises, snubs and Shakespeare
Olivia Colman's double win was the big story of the Bafta TV Awards, but who else was crying tears of joy and who went home empty-hande... -
At 07:00:52 in Northern Ireland
Bafta for BBC's The Shame of the Catholic Church
The BBC Northern Ireland programme, The Shame of the Catholic Church, has won a Bafta in a ceremony in London....
News In Other Categories
-
Bafta TV awards: Surprises, snubs and Shakespeare
Olivia Colman's double win was the big story of the Bafta TV Awards, but who else was crying tears of joy and who went home empty-hande... -
Bristol Academy extends reach overseas with first foreign students
With the doors to its brand new £1million training centre officially open, one of the UK's leading apprentice training providers, Bristol ba... -
Search for Aberdeen Mountain Rescue Team walk volunteers
Aberdeen Mountain Rescue Team is appealing for volunteers to take part in a fundraising walk that traditionally raises the bulk of its annua... -
Bafta for BBC's The Shame of the Catholic Church
The BBC Northern Ireland programme, The Shame of the Catholic Church, has won a Bafta in a ceremony in London.... -
Funds to help homeless people discharged from hospital
Charities which help homeless people discharged from hospital are to get £10m to continue their work.... -
EU graduates 'cannot evade' loan repayments
The government has warned overseas graduates who borrowed money to study in the UK that they cannot evade their obligation to repay by movin...



