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Leaked documents show businessman went on a spending spree and left a council effectively bankrupt.

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[-] Cobrachicken@lemmy.world 4 points 2 years ago

"Mr Kavanagh is no longer living in the UK."

[-] InvertedParallax@lemm.ee 13 points 2 years ago* (last edited 2 years ago)

... that's a massive fraud, they extradite for that.

Are you honestly saying I can steal the better part of a billion dollars and hop across the border to Mexico without worry? Because if so I have some life choices to rethink.

The Audit Commission - a spending watchdog that stopped councils taking too many risks - was abolished in 2015.

Again, tories.

[-] Buelldozer@lemmy.world 2 points 2 years ago* (last edited 2 years ago)

Are you honestly saying I can steal the better part of a billion dollars and hop across the border to Mexico without worry?

In other longer articles you find out that it's nowhere nearly a billion. The Solar Farms used to underpin the investments do exist and are productive. The shortfall in money seems to be mostly in the prediction of future electricity prices.

this post was submitted on 04 Aug 2023
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