Public Interest Report regarding Sixfields loan
We have today received a Public Interest Report from our former external auditor, KPMG, regarding the circumstances surrounding money loaned to Northampton Town Football Club between 2013 and 2014.
The report contains a series of recommendations for where KPMG feels the council’s processes at that time should have been more prudent and how they might be improved.
Many of these recommendations have already been addressed as a result of work we undertook following a similar report published by our then internal auditor, PwC, in late 2016. Our current internal auditor, BDO, has since built on that work to ensure our policies and processes are as robust as possible.
We are in the process of carefully considering the contents of the Public Interest Report and will present a full response at our Council meeting on 22 February.