However, she admitted that taxpayers’ money had been wasted with some “really bad investments over the years”.
Ian Birrell, contributing editor at the Mail on Sunday, appeared alongside Ms Champion and claimed a lot of the Government’s foreign aid ends up in the wrong place.
BBC Newsnight host Emma Barnett followed this criticism up in a grilling with the Labour MP: “Do you share some of Ian’s concerns around propping up certain governments and it not being the power we think it is as chair of the select committee?”
Ms Champion responded: “There is one point I agree with Ian on and that is there have been some really bad investments over the years.
“But those investments have been from the Foreign Office, the Home Office, the non-development departments and not the former DfID officials.
“One would hope those real anomalies have now got rid of.”
Labour MP for Rotherham later added: “The UK are recognised as a soft-power-super-power that gets us a seat on almost every table and as we’re looking to reposition Britain post-Brexit, to lose that, to give that away, just seems absolutely bonkers to me.”
Mr Birrell claimed the target was “completely anachronistic in the modern world.”
Citing a water aid scheme, Mr Birrell alleged that within a project that cost £25.6 million, a staggering £16.8 was spent on consultants.
Officials from the Foreign and Commonwealth Development Office (FDCO) said the decision was “tough but necessary”.
It said Britain would still fork out more than £10billion a year to help the world’s poorest and most vulnerable people.