New commission will review how Newham Council manages its finances
Newham Town Hall. Picture: Andrew Baker/Newham Council - Credit: Andrew Baker
Newham Council has established an Internal Control Commission to review its financial management.
The commission has been charged with assessing how the authority failed to prevent the £8.7million overspend by the repairs and maintenance service (RMS) in 2017/18.
Much of the overspend was linked to alleged financial malpractice, according to a council report.
Established at a cabinet meeting last week, the commission will also evaluate the authority’s current internal control measures and produce an ‘action plan’ to implement changes.
A loss of £52.2m during the London Stadium decision making process was one of the incidents cited when the council described the need for the commission.
You may also want to watch:
The new body was unanimously endorsed by the full council at an extraordinary meeting on the RMS scandal last month.
Newham Mayor Rokhsana Fiaz said: “The Internal Control Commission is the latest step in my promise to make Newham Council more open and transparent than ever before.
Most Read
- 1 Stratford councillor who slammed Boris's bike ride cycles 30 mile round trip across London
- 2 Police appeal for help after woman raped in Beckton
- 3 Double murder accused remanded in custody over ‘brutal’ stabbings
- 4 Tribute to 7th Barts Health Trust worker to die of Covid-19
- 5 Fan's column: West Ham are in the mix to battle it out with the big boys
- 6 NHS Nightingale London's jabs hub opens as Covid-19 vaccinations ramp up
- 7 Mayor vows to continue Newham free school meals scheme
- 8 Newham's Covid-19 case rate 'huge' but there is 'light at end of the tunnel'
- 9 Forest Gate man, 21, charged with dangerous and drug driving
- 10 Dangerous driver arrested after police find drugs and £28k cash
“Their investigation will allow us to put right the mistakes made in financial control within RMS.
“In addition, the action plan produced by the Commission will allow us to become a beacon of best practice with regard to financial control, to ensure that every penny of our resources is spent to benefit the people of Newham.”
An independent chair will lead the commission and up to four more members will be appointed.
The process to appoint members is to begin immediately, with the commission beginning work as soon as this is complete.
While there the council did not say how long filling the posts would take, the commission is required to complete its review within six months.
A report by the commission, the action plan and a response by the chief executive and mayor will go to the cabinet for approval and then to the full council for endorsement.
The commission comes as part of Mayor Fiaz’s effort to deliver on her 2018 election pledge to make Newham Council more transparent.
As part of the effort, experts have been called in from the Chartered Institute of Public Finance & Accountancy (CIPFA) to carry out a financial health check.
The council says improvements to the procurement process have been made following the CIPFA’s initial finding that financial planning could be improved.
