Today’s revelations that senior MOD officers have taken up no less than 3,500 jobs in arms companies over the last 16 years go a long way to explaining why there is next to no regulation in the UK of the massive corruption involved in UK arms deals over the last 40 years. Continue reading
Tagged with Civil Service
Are there ‘sweetheart’ deals between HMRC and big business?
The victimisation of Osita Mba is upsetting. He is a revenue solicitor at HMRC who worked on the Goldman Sachs case where the latter fought for 5 years in the courts to avoid a tax liability. But when they finally lost, Dave Hartnett, the Revenue permanent secretary, reached a private deal with them in December 2010 to let them off the £10m charge they were liable to pay in interest for withholding the tax unpaid over the 5 year period.
Mba was clearly shocked at this concession after Goldman had used every legal and accountancy artifice to evade their responsibilities, and acting a whistleblower wrote in March 2011 to the National Audit Office to express his disquiet. As a result the Treasury select committee interviewed Hartnett in September and he insisted the deal had been reached properly. Continue reading