WATCHDOG TO INVESTIGATE TWO FORMER FIGURES AT BANKRUPT WOKING COUNCIL
https://i.guim.co.uk/img/media/21044a74e167f190ee53355fc5f5b26f9f2eb820/0_176_6583_3951/master/6583.jpg?width=140&quality=85&auto=format&fit=max&s=9eff5257fbe7b81982b3cc7b1692d6a5
✍️ Two former senior figures at bankrupt Woking council are to be investigated by the UK's accounting watchdog after racking up £2bn in debt on failed investments.
👉 Woking council declared bankruptcy in 2023 after borrowing £2bn for failed investments 👉 Two former accountants, Ray Morgan and Leigh Clarke, are being investigated by the FRC 👉 The investigation is expected to uncover what went wrong at the council 👉 Woking council is one of the biggest financial failures in local government history
-- #RayMorgan #LeighClarke #AngelaRayner #Woking #Surrey #Singapore #Thurrock #Slough #Birmingham #Nottingham #politics
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