Â鶹ԼÅÄ

Trust publishes National Audit Office supplementary note to report on severance payments for Â鶹ԼÅÄ senior managers

Date: 04.09.2013     Last updated: 23.09.2014 at 09.53
Category: Value for money

The Â鶹ԼÅÄ Trust has published a supplementary note from the National Audit Office (NAO) to the NAO’s report on severance payments for Â鶹ԼÅÄ senior managers.

The original report, published on 1 July 2013, examined a sample of 60 of the 150 severance payments given to Â鶹ԼÅÄ senior managers in the three years to December 2012. In response to a request from the Â鶹ԼÅÄ Trust and the Public Accounts Committee after this report was published, the NAO agreed to examine the remaining 90 payments and one additional case that has come to light, and provide a supplementary note on its findings.

The supplementary note, together with a cover letter from Â鶹ԼÅÄ Trustee Anthony Fry to the Chair of the Public Accounts Committee Margaret Hodge can be found below.

 (PDF file, 407KB)

 (PDF, 742KB).

Anthony Fry’s letter also sets out the correspondence between the Â鶹ԼÅÄ Executive and the Â鶹ԼÅÄ Trust relating to the severance package given to the former Deputy Director-General Mark Byford. This can be found below:

 (PDF file, 3.6MB)

In its response to the initial NAO severance report, the Â鶹ԼÅÄ Trust set out a number of actions to ensure there could be no repeat of fundamental failures of central oversight and control. These included requiring Â鶹ԼÅÄ management to report publicly in the Â鶹ԼÅÄ’s Annual Report and Accounts on any exceptions to policy and the justification for them.

The original NAO report on Â鶹ԼÅÄ severance pay can be found here.Ìý