Half Billion lost by Essex Thurrock Council :Disastrous Investments

[arista]

[Thurrock Council on brink of financial ruin after
disastrous investments leave £500m black hole]


Conservative Mess

Was on ITV1 London news
& BBC1 London news tonight.


[An Essex council is facing a financial black
hole of almost half a billion pounds after
a series of disastrous investments.
Conservative-controlled Thurrock Council
admitted it was in a 'grave financial situation'
and would need a government bailout
to avoid going bust.

Labour accused council chiefs of
wasting public money on 'get rich quick schemes'
including failed solar farm projects.


https://www.itv.com/news/london/2022-11-30/thurrock-council-on-brink-of-financial-ruin-after-disastrous-investments

[Mitchell]

David Van Day was on that council until this year, so it’s hardly surprising.

[arista]

David Van Day was on that council until this year, so it’s hardly surprising.

Yes good point
Mitchell.


[In 2019, Aker resigned and
Van Day won the subsequent by-election.
He lost the seat to Labour by 20 votes in May 2022.]
https://en.wikipedia.org/wiki/David_Van_Day

https://i.dailymail.co.uk/1s/2019/10/05/09/19327850-7540407-image-a-37_1570265776833.jpg
David Van Day pictured with
Conservative MP for Chelmsford Vicky Ford in March 2019

https://www.dailymail.co.uk/news/article-7540407/Former-pop-star-turned-Essex-councillor-charms-Conservative-conference-teases-stand-MP.html


https://i.dailymail.co.uk/1s/2019/10/05/09/19327856-7540407-image-a-39_1570265843277.jpg
[Van Dayhad a fall from grace 1989
when he declared himself bankrupt and was
reduced to selling fast food in Brighton,
a career move which earned him the
nickname Burger Van Day]


And it gets far Worse :


[He says he doesn't miss the money
or the lifestyle, but adds: 'If I had the money
I'd spend it even quicker. I would do it all again]

[The founding member of pop bands
Guys and Dolls and Dollar, David Van Day,
says that he has blown - or rather snorted - thousands
of pounds on cocaine.
'It was like stuffing it down a manhole,' he says.]


From a Sunday 19 Nov 2000 Article

on the Money wasting Slob Van Day

https://www.theguardian.com/money/2000/nov/19/observercashsection.theobserver11

[Beso]

David Van Day was on that council until this year, so it’s hardly surprising.


Hes very small in real life.