Biggs didn’t expose �160m debt when he was on DLA’s board
Dear Ed, I WAS astonished to see London Assembly member John Biggs criticise the Mayor for being unable to fund three projects from the LDA's budget. He failed as a board member of the LDA during Livingstone’s term to expose this debt himself
Dear Ed,
I WAS astonished to see London Assembly member John Biggs's criticism of the Mayor of London for being unable to fund three projects from the London Development Agency budget.
After Boris fixed the mess that was the financial reporting in the agency, a �160 million debt was revealed which had been hidden from public view from before the elections in London Mayor election in May last year.
John Biggs, as a board member of the LDA during Ken Livingstone's term of office as mayor, failed to expose this debt himself. It took Boris to throw some light on the secretive culture of the agency.
If Londoners are wondering why it is that the LDA now does not have enough money to support these schemes, they should ask John Biggs what on earth he was doing while he sat on its board.
Andrew Boff (Con)
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