大象传媒

Trust publishes National Audit Office supplementary note to report on severance payments for 大象传媒 senior managers

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

The 大象传媒 Trust has published a supplementary note from the National Audit Office (NAO) to the NAO鈥檚 report on severance payments for 大象传媒 senior managers.

The original report,聽published on 1 July 2013, examined a sample of 60 of the 150 severance payments given to 大象传媒 senior managers in the three years to December 2012. In response to a request from the 大象传媒 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 大象传媒 Trustee Anthony Fry to the Chair of the Public Accounts Committee Margaret Hodge can be found below.

聽(PDF file, 407KB)

聽(PDF, 742KB).

Anthony Fry鈥檚 letter also sets out the correspondence between the 大象传媒 Executive and the 大象传媒 Trust relating to the severance package given to the former Deputy Director-General Mark Byford. This can be found below:

聽(PDF file, 3.6MB)

In its response to the initial NAO severance report, the 大象传媒 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 大象传媒 management to report publicly in the 大象传媒鈥檚 Annual Report and Accounts on any exceptions to policy and the justification for them.

The original NAO report on 大象传媒 severance pay can be found here.听