LIBOR
(asked on 25th February 2015) - View Source
Question to the HM Treasury:
To ask Her Majesty’s Government what records are kept of the way in which distributed money received in penalties for the manipulation of Libor is spent after it is received by charities.
This question was answered on 9th March 2015
The Treasury provides monies allocated as LIBOR fines to the relevant Government Department to administer on its behalf through the normal Estimates process. Full details of all transfers are provided in Departmental accounts.