An investigation by the Department for International Development (Dfid) found that ASI had tried to take commercial advantage from confidential documents Rex FeaturesThe co-founder of a scandal-hit foreign aid contractor is still involved with the business, despite pledging to stand down in March, The Times can reveal. Peter Young, who has made millions of pounds from Adam Smith International (ASI), was one of four executives who announced that they were quitting amid government pressure. The company, which received at least £300 million in taxpayer funds over five years, has been tarnished by scandals. An investigation by the Department for International Development (Dfid) found that ASI had tried to take commercial advantage from confidential documents supplied by a former Dfid official and had falsified testimonials submitted to a Commons select committee. ASI has also drawn criticism for a huge growth in profits that allowed executives to become multimillionaires…

Source: The Times August 15, 2017 23:03 UTC