MOD Must ‘Learn Lessons’ And Uphold The Covenant – Defence Committee

There are concerns following the NAO’s findings that the Treasury and the MoD still cannot confirm that charities properly spent all their grants that were awarded to them through the distribution of the benefits of the LIBOR fines. The Committee says that delay in the Government’s review is unacceptable and has resulted in heightened concerns about the use of LIBOR funding for Covenant projects.