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Man bought private jet after borrowing cash from council - now it is effectively bankrupt | UK | News - Vimarsana News

Man bought private jet after borrowing cash from council - now it is effectively bankrupt | UK | News

Tory-led Thurrock Council in Essex has found itself on the brink of bankruptcy after a series of ill-fated investments in a solar farm tycoon's business.

BBCNEWS Breakfast June 4, 2024 05:27:00 - Vimarsana News

BBCNEWS Breakfast June 4, 2024 05:27:00

Have seen in a long time. i want one. well done with the piece to camera. perfect timing. it was genuine. bribed with peanut butter, i think. time for the news, travel and weather where you are. good morning, i'm asad ahmad. leaked documents have shown how a businessman cheated a council out of millions of pounds before going on a spending spree. liam kavanagh used thurrock council's money to buy luxury goods, including a yacht and a private jet. the council's been made effectively "bankru pt" after investing over half a billion pounds in mr kavanagh's solar farm business. mr kavanagh's lawyer...

Man bought private jet with borrowed council money - Vimarsana News

Man bought private jet with borrowed council money

Leaked documents show businessman went on a spending spree and left a council effectively bankrupt.

Source: bbc.co.uk
The Sunshine Millionaire: How one man took £130m from British taxpayers - Vimarsana News

The Sunshine Millionaire: How one man took £130m from British taxpayers

Web A rogue businessman appears to have cheated a council in Essex out of as much as £130m and spent the money on a life of luxury in potentially the largest fraud ever committed against a UK local authority. Liam Kavanagh and his companies convinced Thurrock council to hand over the equivalent of almost its entire annual budget while inflating the value of a group of solar farms it had invested in, The Bureau of Investigative Journalism has found. Never-before-seen financial records show the

Source: wn.com
Thurrock council lost millions to solar farm cheat - Vimarsana News

Thurrock council lost millions to solar farm cheat

A businessman cheated a Tory council out of tens of millions of pounds and spent much of the cash on luxury goods. Thurrock council invested £655 million in

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