UBS was accused of "breath-taking hypocrisy" by the UK Financial Services Authority reports ft.com (12/12/11) see online ft.com article below
UBS trader Kweku Adoboli was prosecuted for $2.3bn in unauthorised trading losses and UBS cut 500 jobs as a result said UBS Chief Financial Offcer Tom Naratil on a video-link from New York transmitted to Adoboli's criminal trial in London. see articles below
The silence of Romford MP Andrew Rosindell, Upminster MP Angela Watkinson and Council Leader Michael White over the lost council funds described above and other long-standing concerns about council contracts and development consultancy is deafening. It was not long ago that Havering Council Leader Michael White worked for PITO (Police Information Technology Organisation) and this closeness to the police must the source of his apparent confidence - the facts however seem to suggest that Mr White should be explaining himself and his council cabinet in some detail. Mr White is not the only Havering Councillor to develop close contact with the police, Councillor Peter Gardner also seems to relish police work - I wonder why such a specific closeness to one area of local government concern is necessary ?
|Councillor Roger Ramsey|
Do you have complete confidence in Havering Council ? No ? Then why not cast your vote in the 2014 council elections to the best chance non-conservative candidate in every council ward and remove as many Conservatives as we can. If we win we can invite a team of professionals to conduct a root-and-branch investigation of council finances over the past thirty years right back to Margaret Thatcher's first election win.
see Romford Recorder article at
Read more about Havering council including reports of a failed dirty tricks campaign involving firearms, youth offenders and drugs to close Havering College of Further Education