Question to the Department for International Development:
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.
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.