Traders want money they put into business improvement group to be accounted for

East London and West Essex Guardian Series: Traders want money they put into business improvement group to be accounted for Traders want money they put into business improvement group to be accounted for

Local businesses are being asked to pay levies to the E11 BID despite the company being under investigation for financial mismanagement and failing to pay taxes and keep their accounts.

Local businesses I have spoken to are understandably very unhappy about this and would expect money they pay to be used correctly and be accountable. That does not seem to have happened.

It is also concerning that the E11 BID board members when the mismanagement occurred include councillors putting themselves up for election in May, when they will have responsibility for the finances of Waltham Forest.

Among them is Clyde Loakes, who seems very keen on self publicity on issues like spitting – whilst no one likes spitting, the use of the law on this is certainly questionable – but has been less than forthcoming when asked to explain his role as an E11 BID board member.

Mark Dawes,
Green Party candidate for Leytonstone.

Comments (1)

Please log in to enable comment sorting

11:07am Thu 8 May 14

James O'Rourke says...

Don't forget former Councillors like Johar Khan who highly likely to be elected as a Labour Councillor for Markhouse ward. He was also Finance Director of E11 BID when they took NI off staff but didn't pass on to HMRC. In addition to Cllr Loakes there was Cllr Jenny Gray
Don't forget former Councillors like Johar Khan who highly likely to be elected as a Labour Councillor for Markhouse ward. He was also Finance Director of E11 BID when they took NI off staff but didn't pass on to HMRC. In addition to Cllr Loakes there was Cllr Jenny Gray James O'Rourke
  • Score: 0

Comments are closed on this article.

click2find

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree