BBC censured for golden pay-offs

Official government figures in Britain show BBC has handed over-generous severance payments to its senior staff in violation of the corporationâ„¢s own guidelines.

According to the latest figures by the National Audit Office (NAO), the state-broadcaster has given £25 million in pay-offs to 150 of its high-ranking personnel since 2010.

The NAO said around one fourth of the payments more than the corporation had to pay out under the staffsâ„¢ contracts describing the situation as Å“poor value for money”.

The NAO concluded that the broadcastersâ„¢ pay-offs were too often in breach of public trust and its own regulations on severance without good reason, leading to an extra cost to the British license-fee payers of more than £1 million.

In reaction to the report, BBC’s new director-general Tony Hall admitted the corporation had lost its way regarding the severance payments over the past years.

Hall said they are introducing a £150,000 ceiling for the future severance pay-offs at the corporation.

AMR/HE

Republished with permission from:: Press TV