Monday, August 29, 2011

How The Hard-Up British MOD Wastes Money



One Pranged Sub, A Crashed Warhead, Helmets Gifted To Africa, And A £1.7m Legal Battle Over Furniture: How The Hard-Up MOD Wasted £110m Of Our Money



Ministry of Defence chiefs wasted £110million of taxpayers' money last year including £1.7million in a legal row over furniture and £1million repairing damage after a warhead crashed.



The details emerged deep in the MoD's accounts submitted to the National Audit Office for 2010/11 in June and come as it is battling big budget cuts.



Following the Strategic Defence Review the MoD has been forced to slash its £34billion budget by eight per cent losing 17,000 personnel.



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My Comment
: I suspect that this is just the tip of the iceberg.



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