Sunday, November 01, 2009

Answers on a postcard...

Ive just looked at the latest court report taken from the Multi Million pound mortgage fraud case in Thamesmead in London and I took more notice of this sentence...

"Mr Mandel told the court that staff at Persimmon were ‘instrumental’ in creating inflated valuations for the flats so that mortgage lenders would part with more cash".

I wonder what Persimmon Homes did to persuade Redcar and Cleveland Borough Council pay Persimmons' legal fees and consultancy fees, something that isn't the councils responsibility, to the tune of approximately £143,000? I wonder what they did to persuade the council to erect a fence around the Coatham Enclosure on their behalf to the tune, at the last count of £48,000 and I wonder what they did to persuade the council to become financial liable for a multi million pound sea defence, that is Persimmons' sole responsibility if they want to build houses on a zone 3 high flood risk area?

What have Persimmon done or said to our council, for the council 'to part' with millions of pounds of public cash on behalf of Persimmon homes? Are local authorities supposed to take on massive financial burdens to the tax payer, that are not their responsibility, and which benefit a developer massively?

Answers on a post card please.

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