nmc
Well-Known Member
In my view, the Council representatives on the Board have a fiduciary responsibility to the Council's taxpayers. Their role is not unlike that of directors appointed by a bank to a company Board when that company is on the edge of receivership.
Back in the day, I'd have suggested that a council taxpayer of Manchester CC should refer this matter to the Audit Commission. However, the Tories abolished the AC, and I haven't a scooby what private sector organisation is making a huge butty from public money by fulfilling the AC's old role. Maybe a Manchester resident should ask the Council.
Since the Audit Commission was abolished the auditing of local authorities has fallen into complete disarray.
