Monday, July 4, 2011

Glasgow 2014 chief executive resigned over free tax advice, it is claimed

John Scott  resigned as chief executive of the Glasgow 2014 Commonwealth Games because he received free tax advice worth £6,000 ($8,750) from accountancy firm PricewaterhouseCoopers (PwC), it has been reported.

The Herald in Glasgow claimed that a third party alerted the board of Glasgow 2014 to the "gift" from the company that forced Scott to leave his £179,000 ($286,000) job on Monday (June 27).

The Organising Committee have a strict policy that employees are not allowed to such any gifts or gratuities above the value of £100 ($145).

PwC have refused to confirm or deny it was the firm at the centre of the affair and Glasgow 2014 also declined to elaborate on the claims.

PwC had a two-year contract with Glasgow 2014 that ended in May, a role that included reviewing the Games' budget.

"Glasgow 2014 has received legal advice which is clear," a spokesman for Glasgow 2014 told The Herald.

"We are not in a position to go into the details of what was a personal matter between an ex-employee and the third party concerned.

"The Organising Committee put out a statement on this situation and has nothing further to add to that statement."

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