The Real Expenses Scandal

http://www.monbiot.com/archives/2009/05/26/the-real-expenses-scandal/
Date Written:  2009-05-26
Year Published:  2009
Resource Type:  Article
Cx Number:  CX8537

One of the consistent features of Private Finance Initiatives (PFI) is that the projects are reverse-engineered to meet the demands of corporate investors. This, for example, is how the £30m public scheme to refurbish Coventry's two hospitals became a £410m private scheme to knock them both down and rebuild one of them - containing fewer beds and fewer doctors and nurses.

Subject Headings

• Business & Government Relations
• Government Abuses
• Government Infrastructure
• Government/Public Sector
• Infrastructure Financing
• Infrastructure Investment
• Infrastructure Ownership & Management
• Infrastructure Projects
• Private Public Partnerships (P3s)
• Privatization
• Public Debt
• Public-Private Partnerships
• Public Sector Accountability
• Public Sector/Privatization
• Scandals