Financial rules were not followed for costly review

Treasury Minister Eddie Teare MHK

Treasury Minister Eddie Teare MHK

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Ministers defended a decision to spend £775,000 on a consultants’ review without going to Tynwald first and without going through the appropriate financial procedures.

Giving evidence to the Public Accounts Committee, Treasury Minister Eddie Teare conceded it may have been advisable to inform Tynwald about the scale and the cost of the project.

The PAC is investigating the decision to spend £775,000 on consultants to review the National Insurance Fund and the wider benefits system.

 

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