After weeks of speculation and anticipation the ‘Forensic Audit Panel’ set up by Mayor of London Boris Johnson to investigate ‘financial irregularities’ at the London Development Agency published its report today and immediately faced claims that it had failed to substantiate the allegations against Ken Livingstone’s administration. Patience Wheatcroft who chaired the panel said they had uncovered “significant failings in leadership, governance and basic controls within the LDA which have led to our conclusion that the former LDA board was ineffective and, indeed, the LDA Board failed in its responsibilities.”

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