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End is near for local authority run enterprise company which angered council leader

End is near for local authority run enterprise company which angered council leader
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Council moves to wind up enterprise company as taxman lurks

Council moves to wind up enterprise company as taxman lurks
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Anger over dormant Redcar and Cleveland council operated company with near £250k in unspent funds

COUNCILLORS have demanded to know why they had no oversight of a local authority-run company set up to distribute public funds which has laid dormant for several years. Councillor Neil Baldwin said nearly a quarter of million of pounds in the accounts of Redcar and Cleveland Enterprise Limited had been “sat there doing nothing” and it was bizarre that former council members had remained as directors. Meanwhile, Redcar and Cleveland Council leader Mary Lanigan said she was “quite appalled” and wanted an inquiry into events. But former council leader George Dunning said he was “bemused” by the fuss being caused and suggested Cllr Lanigan and her colleagues were being mischievous with their comments.

Questions raised over almost quarter of million quid sat in dormant council-run company s coffers

Questions raised over almost quarter of million quid sat in dormant council-run company s coffers Councillors have demanded to know why they had no oversight of a local authority-run company set up to distribute public funds which has laid dormant for several years 20:59, 5 MAY 2021 Updated Redcar and Cleveland Council offices (Image: Evening Gazette) Get the latest Hartlepool news direct to your inbox with our free email newsletterInvalid EmailSomething went wrong, please try again later. Subscribe When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice

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