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"’Given the response of the council and the fact that there has been no financial loss to the public [the grant was repaid in full after the firm was shut down] — there is no reason for us to exercise any of our wider powers,’ the report said."

Odd view to take. But M'Lord, the Police recovered the stolen loot, so no harm done?

Also, the report makes it clear that there *has* been a financial loss to the public - KPMG have charged an extra £15,000 for "Additional work in relation to significant VFM risks and Asons grant (estimated and subject to PSAA approval)" (Appendix 6 of the report - Audit fees)

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