Anti-poverty company ends poverty. For its CEO.

As a pinko socialist commie I don’t think anyone is worth this much, but it is especially irritating in a government owned company.

The “extraordinary” £1m-a-year salary for the head of a government-owned company set up to combat developing world poverty has been attacked by MPs.

The salary of CDC Group chief executive Richard Laing rose from £383,000 in 2003 to £970,000 in 2007, the Commons Public Accounts committee found.

But the Department for International Development, its 100% shareholder, was not properly consulted, the MPs said. BBC

Also, seriously, get a new name. The Colonial Development Corporation does not put out happy signals.

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