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COUNCIL'S SUPPORT FOR ROCK CONCERT CRITICISED

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The district auditor has criticised Isle of Wight Council for its involvement with a loss-making rock concert in 20...
The district auditor has criticised Isle of Wight Council for its involvement with a loss-making rock concert in 2002, reported the Isle of Wight County Press (p1).

In an interim audit letter, Neil Childs said: 'It seems that some basic principles of governance were either forgotten or disregarded.'

He questioned whether the council might have acted lawfully whilst supporting the event that lost£380,000. Mr Childs said: 'The lack of clarity and precision in reports, decisions and legal agreements has made it difficult to establish whether the council acted at all times within its powers.'

The report said that the executive was only given a verbal warning at a late stage that they could be liable for unlimited losses, possibly of up to£600,000.

'I regard this as a significant shortcoming, as this information should have been included in the formal report to members. Not to have done so was in my view bad practice and not the way to conduct public business,' he said.
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