I'm somewhat astonished by the general reaction, it's like nobody knew that people are generally greedy. Of course they will try to make the most out of whatever they have, nobody really hates a huge salary without too much accountability attached.
So, to prevent those kind of deviations, what would be the best method? Light-touch self-regulation, or strict exterior oversight by another body having no concordant interests and thus unlikely to be influenced by the perp? And before somebody thinks it, this is not a free market, this is the official British body in charge of one of the nation's resources (domains in this case).