BT has been fined £1.3 for call fraud by the Ministry of Defense. The MoD found that BT was calling each other on the...
Oct 30 2008, 7:29am CDT
China’s National Audit Office said on Tuesday that local governments in 2013 misused more than 9 billion yuan ($1.44 billion) of funds intended for shantytown redevelopment, underscoring the problems Beijing could face as it makes the program core to the country’s urbanization move. Offi ...
Full article at: Forbes
Jun 25 2014, 6:14am CDT
Source: Asia One
BEIJING - China's National Audit Office has found irregularities at 11 state-owned conglomerates ranging from misrepresentation of assets to illegal property development, highlighting the challenges the government faces in overhauling the public sector.China National Petroleum Corp (CNPC), the parent of PetroChina Co Ltd , China Resources (Holdings) Co Ltd, the parent of 10 companies listed in Sha ...
Full article at: Asia One
Jun 20 2014, 8:22am CDT
The business case for rolling out new 'smart metering' for energy consumption and billing in the UK "remains positive", but the government must manage the "significant risks" that could yet derail the project, the National Audit Office (NAO) has sai ...
Full article at: OUT-LAW.com
Jun 6 2014, 10:27am CDT
Source: Cision Wire
London, United Kingdom – 2014, May – Last April, the Financial Services Authority (FSA) was replaced by the Financial Conduct Authority (FCA) and the Prudential Regulatory Authority (PRA). The FSA, which had been formed in 1997 by the Chancellor of Exchequer, expressed sentiments that the transition would be smooth and changes would be beneficial, but many in the industry worried about the implications of having two regulators instead of one.
Recently, the National Audit Office (NAO) releas ...
Full article at: Cision Wire
May 28 2014, 3:36am CDT