Board minutes of failed outsourcing contractor Carillion showed that its last chief finance officer became a whistleblower after finding accounting irregularities.
MPs have accused the ‘Big Four’ accountancy firms of “feasting” on the carcass of Carillion as they revealed the firms billed for almost £72m worth of work related to the collapsed company since 2008.
Two senior Labour MPs have poured scorn on Carillion’s senior management team, accusing them of delusional behaviour and blaming everyone but themselves for the company’s failure.
Law firm DAC Beachcroft has warned NHS bodies that PFI contracts involving the failed Carillion firm could be at risk even where it was part of a consortium.
Councils around the country are scrambling to identify the full extent of their exposure to Carillion after Monday’s collapse of the construction and facilities management firm.