Money > Pensions

Sir Ian Diamond: How Aberdeen University account entry for £601,000 triggered payment probe

1 month ago   |   By Press and Journal

It was an account entry for £601,000 which set alarm bells ringing.
The money, which was being handed to outgoing Aberdeen University principal Sir Ian Diamond, was detailed in its financial statements for 2017/18.
The publication of the accounts in 2018 eventually led to an inquiry, and now a “damning” 20-page report which finally confirmed on Tuesday that the ancient institution had, among other issues, been unnecessarily paying to have two principals for a year.
We have seen no evidence that the value for money consequences of that arrangement were assessed.”
The cash paid to Sir Ian...
Read more ...

 


Search by Tags

   Pensions      Money      Pension      Scottish politics      Aberdeen University      Principal George Boyne      Professor Sir Ian Diamond      Scottish Funding Council  


IMF warns of worst slump since the Great Depression

IMF warns of worst slump since the Great Depression

IMF boss Kristalina Georgieva - who will next week publish the group's latest economic forecasts alongside chief economist Gita Gopinath - described the disease as a 'test of... Read more ...

Manchester United boss Ole Gunnar Solskjaer chasing four priority summer...

Manchester United boss Ole Gunnar Solskjaer chasing four priority summer signings

Solskjaer is planning on being active in the upcoming window Manchester United manager Ole Gunnar Solskjaer has prioritised the signings of Jadon Sancho, Jack Grealish, James... Read more ...

Premier League 'to hand out prize money early' based on clubs' position in table

Premier League 'to hand out prize money early' based on clubs' position in table

The 20 Premier League clubs are set to pick up some of the prize money they would have been due at the end of the campaign early in order to offset financial issues Read more ...

Premier League players create collective initiative to raise money for...

Premier League players create collective initiative to raise money for coronavirus crisis

The Premier League's captains have created a charitable fund to aid the war on coronavirus. Read more ...

Small Business Administration official blasts big banks, accusing them of...

Small Business Administration official blasts big banks, accusing them of dragging their feet on coronavirus assistance for struggling companies

A Small Business Administration official was recorded chastising big banks, accusing them of purposefully slowing down a program to lend to small businesses hurt by the... Read more ...

How to watch Phil Taylor vs Raymond van Barneveld: Time, stream, format and...

How to watch Phil Taylor vs Raymond van Barneveld: Time, stream, format and how are they playing from home?

Phil Taylor and Raymond van Barneveld are set to battle it out on the oche once again Darts legends Phil Taylor and Raymond van Barneveld will play each other from the comfort... Read more ...

UK companies to get free access to working from home health and safety...

UK companies to get free access to working from home health and safety digital toolkit

SafetyCulture extends iAuditor offer - already available to frontline services - to all businesses UK companies are to be given free access to mobile inspection app and digital... Read more ...

Best Windows laptop 2020: the top Windows 10 laptops money can buy

Best Windows laptop 2020: the top Windows 10 laptops money can buy

The best Windows laptops are among the most powerful PCs out there. In fact, after taking hints from Apple's svelte and streamlined design, these Windows-powered laptops are... Read more ...

Some Airbnb investors reportedly want to oust CEO Brian Chesky, blaming him...

Some Airbnb investors reportedly want to oust CEO Brian Chesky, blaming him for spiraling costs and a 'hasty' move to give full refunds on coronavirus cancellations

Some of Airbnb's investors want CEO Brian Chesky to step down, The Wall Street Journal reported. When Airbnb went out to raise money recently, some existing shareholders... Read more ...

If you have more points and miles than you know what to do with, consider...

If you have more points and miles than you know what to do with, consider donating them to charity

If you have a huge stash of credit card rewards or you're simply looking for a way to help out, you can donate your points and miles to your favorite nonprofit. Most hotel... Read more ...