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Written question asked by Tulip Siddiq (Labour) on Tuesday, 11 February 2020, in the House of Commons. It was due for an answer on Monday, 24 February 2020 (named day). It was answered by James Duddridge (Conservative) on Tuesday, 25 February 2020 on behalf of the Department for International Development.


Department for International Development: Offshore Funds

Question

To ask the Secretary of State for International Development, what assessment his Department monitors the cash held by its subsidiaries in offshore bank accounts; and how frequently his subsidiaries report those balances to his Department.

Answer

DFID does not have any subsidiaries.

To enable greater transparency in and to identify our flow of funds, programme delivery chains are mapped out to identify and capture the names of all partners involved in delivering a specific good, service or change, down to the end beneficiary is completed. In addition to this delivery partners are required to publish data to the IATI standard on all its DFID funding.


Secondary information

Type
Written question
Reference
652
Session
2019-21
Subjects
Department for International Development Offshore funds
Link
View this Written question on www.parliament.uk