Don’t miss the latest developments in business and finance.

UK watchdog to probe BBC payoffs

The agency will investigate severance packages at BBC in the wake of highly-criticised payout to the broadcaster's former director general

Image
AP PTI London
Last Updated : Jan 20 2013 | 6:57 AM IST

Britain's public spending watchdog says it will investigate severance packages at the BBC in the wake of a highly-criticised payout to the broadcaster's former director general.

The probe comes after a group of British lawmakers accused the BBC of being cavalier with taxpayers' money by paying 450,000 pounds ($730,000) in severance to George Entwistle, double the amount he was entitled to, when he quit last month over the BBC's disastrous handling of fallout from the Jimmy Savile sex abuse scandal.

Barry Lester, a spokesman for the National Audit Office, said today that the watchdog had written to BBC saying it wanted to look at Entwistle's payout and that the broadcaster had responded by asking the NAO to undertake a wider study in 2013 on its severance packages.

Also Read

First Published: Dec 26 2012 | 8:48 PM IST

Next Story