it sounds to me as though paul 0 rourke s companies were using the charity as a sort of bank, a convenience. they would apply to the charity for the money instead of going to their own bankers. paul o rourke and my space both strenuously deny he has undue influence and say he is a one of a number of suppliers. mr o rourke says he has not attended a my space meeting since 2014. my space say there may have been very short term loans and is now investigating. here in bolsover, derbyshire, the local council tried to take on my space. this is the block of 16 flats that is run by my space. the council hands out housing benefit on behalf
has worked that out. it may well be he s not done anything illegal, but morally it s got to be questionable and, in terms of how we want our housing benefit to be spent, it must be completely wrong. documents from the land registry show paul 0 rourke s companies have done more than a hundred deals including properties leased to my space. it s not easy to work out how much profit his companies have made because we don t know what expenses he might have had on the transactions but if you add up the sale prices and take away the purchase prices, you get a grand total of around £63 million. paul o rourke disputes this figure and says it s very misleading. he says it doesn t account for significant costs, such as taxes, renovations, financial support for my space, as well as legal
and other fees. he also denies doing anything immoral. but could there be a conflict of interest between the charity and the property millionaire? but could there be a conflict of interest between the charity i have been past evidence, internal documents that raise more questions about paul 0 rourke s relationship with my space after he says he stepped away in 2016. it shows he was invited to my space board meetings and was copied into charity e mails. we showed this evidence to an expert in charity law. mr 0 rourkes was personally involving himself in the management of the charity.
you can bet for sure he is not the only person who has worked that out. it may well be he s not done anything illegal, but morally it s got to be questionable and, in terms of how we want our housing benefit to be spent, it must be completely wrong. documents from the land registry show paul 0 rourke s companies have done more than a hundred deals including properties leased to my space. it s not easy to work out how much profit his companies have made because we don t know what expenses he might have had on the transactions but if you add up the sale prices and take away the purchase prices, you get a grand total of around £63 million. paul o rourke disputes this figure and says it s very misleading. he says it doesn t account for significant costs, such as taxes, renovations, financial support for my space, as well as legal
and hasn t been renewed since. my space says it now intends to register with the cqc. it says its records show nick was contacted regularly but it has launched an investigation into his case. my space have consistently told us there is nothing inappropriate about paul 0 rourke s relationship with the charity, but we have discovered some members of my space s board have connections to him or his businesses. my space says it is looking at its governance procedures. as a result of engaging with panorama, trustees, who are employees or former employees of mr o rourke or his companies, will be stepping down from the board in the coming weeks. the regulator of social housing is worried about other charities having close relationships with property developers.