The Public Accounts Committee, a Standing Committee of Tynwald, is conducting an inquiry into the Media Development Fund following a Tynwald resolution of 17th July 2018:
That the events that caused the losses of over £26,000,000 from the Media Development Fund stand referred to the Public Accounts Committee, to identify whether further investigation is needed, further to their previous Report and that the Committee considers whether there are any changes to governance procedures required as a result of this situation.
The Committee intends to hear oral evidence from the following on Monday 21st October 2019 at 1.00pm.
Mr A Bell – Treasury Minister 2001-10; Minister for Economic Development 2010-11; Chief Minister 2011-16
Mr D Cretney – Minister for Trade and Industry 2006-11
Mr J Shimmin – Minister for Economic Development 2011-14
Mr W E Teare – Treasury Minister 2011-2016
The evidence will be taken in public in the Legislative Council Chamber, Legislative Buildings, Bucks Road, Douglas. Members of the public are welcome to attend. The evidence can also be heard via the “live and listen again” audio webcast service on the Tynwald website.
The members of the Public Accounts Committee appointed by Tynwald, for this inquiry, are Mrs Clare Barber MHK (Chairman), Mrs Ann Corlett MHK, and Mrs Kate Lord-Brennan MLC.
For further information contact:
Mrs Joann Corkish
Third Clerk of Tynwald
Legislative Buildings, Douglas, IM1 3PW
Tel: (01624) 685500
7th October 2019