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Review: Compromise Agreements: Following up the investigations of the Comptroller and Auditor General

Committee/Panel: Public Accounts Committee
Launch Date: 19 April 2012 Close Date: To be advised
Submissions Deadline: To be advised Ministerial Response Date: To be advised
Review Status: Report published

About

The reports by the Comptroller and Auditor General relating to compromise agreements (generally referred to as Golden Handshakes), deal with a subject that is of significant public interest. The Public Accounts Committee had decided that it needs to publicly establish the nature of these payments and to establish if value for money has been achieved. 

 

Terms of reference

   

  1. To examine what action has been taken in relation to the recommendations of the Comptroller and Auditor General in his reports “Utilisation of Compromise Agreements” and “The Former Chief Executive – Compromise Agreement”.
  2. To examine the circumstances of the change of contract between the States and the Chief Executive in 2005 to establish if best value for money was obtained by those changes.
  3. To examine the risk assessments made in relation to compromise agreements which have been triggered since 2005 and identify whether value for money has been achieved.