Agenda item

Billingsgate Fraud

The Director reported that a former Administrative Manager at Billingsgate Market had, this week, been found guilty at the Old Bailey on all 14 charges against him. He added that this was a satisfactory outcome from the City of London Corporation’s point of view. The individual concerned would now be sentenced at the end of April 2016.

Members were informed that a report on this matter had featured in yesterday’s Evening Standard. The City Corporation had also issued a strong statement on this regarding its ‘zero tolerance policy’ against fraud.

The Director went on to report that a number of staff and traders had been called to give evidence at the trial.

The Chairman, on behalf of the Committee, thanked all for their hard work in bringing this to a satisfactory conclusion.