Kick out Capita from Barnet Council now
Why is this important?
The recent successfully prosecuted fraud case where a Capita employee stole over £2million from Barnet Council underlines the urgent need for the Council to take back control of all of the former Council services from Capita.
Barnet Council commissioned Grant Thornton (GT) to undertake a major review to identify how such a large scale fraud had been able to take place. This project, called Project Rose, was given a budget of “up to” £500,000 and has been on-going ever since.
The review found:
• Lack of budgetary controls
• Not carrying out basic bank detail checks
• Inexperienced managers responsible for large amounts of money
• Lack of written financial procedures and checklists
Barnet Council agreed to pay Capita £252.54 million
But, Barnet Council have already paid Capita £352.41 million with FIVE more years to go!
Barnet Council is in financial crisis with a budget overspend of £10.3 million this financial year and a funding gap of £66.8 million over the next three years.
Frontline services such as street cleansing, waste and recycling, Libraries, social care are all facing more and more cuts that are already affecting Barnet residents.
Capita Plc are in their own financial crisis.
Their Share Price has dropped from £13 a share to under £1.50 a share in the space of the last two years.
On 11 December 2018, Barnet Council Policy and Resources Committee will decide on whether to end both contracts. We are campaigning that they VOTE to end both contracts and begin the urgent process of taking back control of those services.