ONE of the Island’s top civil servants is to face a disciplinary hearing over the euro rate blunders that have added £3m to the cost of the new incinerator, the JEP has learned.
States Treasurer Ian Black, the chief officer of the Treasury department, is one of the employees facing action over the mistakes.
Last week, a report by the States independent spending watchdog heavily criticised the Treasury department for failing to fix the exchange rate at which the parts of the £100m-plus contract would be paid.
Because the rate has shifted unfavourably since the contract was signed – the stage at which the States were told the rate was going to be fixed – the cost has risen by millions of pounds.
