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Reducing Poverty

‘Anti-poverty’ fat cats live in luxury
Damning documents obtained under the Freedom of Information Act reveal eye-watering expenses claims by officials at the Commonwealth Development Corporation.
Taxpayers were billed for a £700 dinner by Sir Malcolm Williamson, the CDC’s chairman for five years up until 2009, at London’s Michelin-starred L’Autre Pied restaurant.
Another executive at the Government quango, Anubha Shrivastava, claimed £530 for a night at the Four Seasons Hotel in Hong Kong, while Richard Laing, the chief executive, who is paid £970,000 a year, claimed £7,414 in expenses.
Miriam de Lacy, the CDC’s communications director, said: “The expenses we incur are reasonable.”
The CDC was set up after the war to invest in the world’s poorest countries. It has access to Government funds of £2.5billion.

That makes Georgie's job a bit easier, another simple cut.


UPDATE - The CDC defends itself...

CDC: this non-quango doesn’t take money – it makes money | The Times... before you write off CDC — formerly the Commonwealth Development Corporation — as another indulgent quango, take five minutes to find out who we really are and why we are needed. We are not a quango or a charity. We take no government money. Instead, we are a company that is fully owned by the Government, whose job is to stimulate economic growth in poor countries by backing promising private-sector businesses that find it hard to secure long-term risk capital.

Comments

Come now, you have to set an example for others and these officials have certainly done that.

After all, they've successfully raised themselves out of poverty, haven't they?

£970,000 and he works for a Govt owned company? £970k and the greedy bastard still dines like a fucking King on my hard earned tax money?? All I can say is don't blame me, I didn't vote for Lib Lab or Con - or the red-on-the-inside Greenies. It really is time we kicked these scum into the gutter and replaced them with honest folks. Plenty of us out here, you know.

This also explains why the FOI Act is so vital and why we must ensure that all quangoes, fake charities, nfp companies, credit unions (see Lancashire County Council and the Blues and Twos Credit Union who now trade under that name) who handle vast sums of public money need to be fully transparent and open to scrutiny. Maybe Cameroon's Big Society (Common Purpose?)is the answer to protect these parasites from facing the wrath of the tax payer?

Finally (promise), where's the financial support for my promising new start UK company that is faltering along through lack of available funding help? Oh, its all gone abroad. Charity starts and finishes at home. £2.5Billion would go a long way here to helping our own poor back on their feet.

Bastards!

£970,000 and he works for a Govt owned company? £970k and the greedy bastard still dines like a fucking King on my hard earned tax money?? All I can say is don't blame me, I didn't vote for Lib Lab or Con - or the red-on-the-inside Greenies. It really is time we kicked these scum into the gutter and replaced them with honest folks. Plenty of us out here, you know.

This also explains why the FOI Act is so vital and why we must ensure that all quangoes, fake charities, nfp companies, credit unions (see Lancashire County Council and the Blues and Twos Credit Union who now trade under that name) who handle vast sums of public money need to be fully transparent and open to scrutiny. Maybe Cameroon's Big Society (Common Purpose?)is the answer to protect these parasites from facing the wrath of the tax payer?

Finally (promise), where's the financial support for my promising new start UK company that is faltering along through lack of available funding help? Oh, its all gone abroad. Charity starts and finishes at home. £2.5Billion would go a long way here to helping our own poor back on their feet.

Bastards!

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