LONDON (Reuters) - Britain failed to keep adequate tabs on more than 50 million pounds ($87.35 million) sent to alleviate the effects of the Asian tsunami, the country's spending watchdog reported on Wednesday.
Following the Dec 26, 2004 disaster, which killed about 275,000 people, Britain initially allocated 75 million pounds ($131 million) -- later reduced to 64.1 million pounds -- of which more than 50 million was set aside as grants to be paid to third parties.
