Million Pound Discount For Firm Linked to LibDem MP

brake

This looks to be a very dodgy local story emerging down in Sutton: the LibDem council there has given a £1 million discount to a company of which Carshalton MP Tom Brake is a trustee. Ecolocal put in a successful £600,000 bid to take over the Lodge building, despite the council’s own valuations estimating it to be worth £1.5-1.7 million. According to the local paper, Brake is a director of the firm, which plans to redevelop the site by building nine flats. The Tories smell a rat, with Tory councillor Neil Garratt blasting:

“With the involvement of Tom Brake as a director and trustee of Ecolocal there was bound to be a question mark over any deal where a large public building is sold off £1 million below market value. In those circumstances I would expect an overwhelming desire for transparency to show the public that the Lodge is not being sold off on the cheap.”

This stinks…


Seen Elsewhere



Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Lucy Allan explains her positive comments about the Brexit Party…

“If EU elections are held, Leave supporting voters will want to vote for Leave supporting candidates… Usual party loyalties will be eclipsed by the Leave v Remain divide. It’s good to see strong candidates in the Leave camp. However, I sincerely hope we leave the EU before these elections are held so that we can move on and not waste time and money on unnecessary EU elections.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Scruton’s Greatness Scruton’s Greatness