PLYMOUTH City Council is continuing to wait to find out if an investigation will be held into its controversial £72 million shares and pension deal.
The council is also waiting to learn if it will receive a capitalisation direction from the Government, allowing its accounts from 2019/20 to 2022/23 to be signed off.
In September, The Herald revealed the authority has had the cut-off date for these accounts to be approved moved back to December 13. At that month's audit and governance committee meeting, the council's finance chief, David Northey, said the council had asked the Government if it still intended to carry out an in-depth investigation into the shares and pension deal, but had not yet had a response.
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