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Audit Commission criticised for taking its eye off the ball on local authority treasury management


11th June 2009

Anne Main comments on the publication of the Communities and Local Government Committee's report on local authority investments.

Commenting on the publication of the Communities and Local Government Committee's report on local authority investments, Anne Main, MP for St Albans, said:

"It hit the headlines earlier this year that several Local Authorities, including Hertfordshire County Council, were caught up in the Icelandic banking collapse. In Hertfordshire, some



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