HSBC
scandal,
Riverside
scandal
and a warning
from Holland
Another day, another bank scandal. This time it is HSBC`s Swiss bank and its wealthy clients. The tax they haven`t paid and their massive assets hidden away in secret vaults has caused outrage.
from Holland
Another day, another bank scandal. This time it is HSBC`s Swiss bank and its wealthy clients. The tax they haven`t paid and their massive assets hidden away in secret vaults has caused outrage.
There
has been outrage too about a scandal equally as bad involving a housing association. The scandal involved a
prison sentence for fraud, a suitcase full of cash and losses of 2.7 billion
euros from currency bets that went
wrong.
That
housing association was Vestia, Holland`s largest association and
details of the scandal are now starting to emerge in this country, says Jules
Birch in an article in the influential social housing magazine, Inside Housing.
Jules
Birch draws some very serious conclusions
from the scandal. He says that the present trend of developments in British
housing associations are becoming a mirror image of the very questionable Dutch
developments prior to the Vestia scandal.
The
Dutch lessons, he says are: Be alert to these equally questionable British developments and be aware
of the scandal they can lead to.
Here
at home there are scandals of a different kind involving Riverside Housing Association of Liverpool,
the largest landlord in the Carlisle area and one of the biggest housing association in the country.
Riverside`s latest scandal comes in an
article in the association`s
current newsletter which is sent to all
its 50,000 tenants and leaseholders, including an estimated sixty in Longtown, now suffering
their third winter without adequate heat
in their homes... they cannot afford proper heat because of Riverside` dodgy
boilers. Many of the sixty are at the end of their tether and can take no more.
The newsletter article was headed: “Putting an
end to Winter Deaths”.
The
writer says this”As temperatures continue to plummet in this first week in
February and during the final days of the Cold Homes Week campaign, it’s as
good a time as any to share my thoughts on how and why we are tackling fuel
poverty. Our bid to combat barriers to keeping warm has been on our agenda for
a few years now.”
The
tenants were outraged at such grossly insensitive comments. Jimmy Robb, leading
the fight against Riverside to get properly heated homes spoke for the
sixty tenants and said:”The nerve of them.”
The
nerve of Riverside too, in advertisements it has been running every week for
two years in the Cumberland News,
Carlisle.
The
advertisements proclaim that Riverside is”transforming lives and re-vitalising
neighbourhoods.”
That
is rubbish, say Riverside`s sixty freezing
Longtown tenants at the end of their tether. “Yes, our lives have been transformed
by Riverside. But not in the way the Riverside advertisements claim. The claim
is outrageous.”
Outrageous
or not, the advertisements suddenly
stopped appearing this month. Riverside may have pulled the plug on them, Or
the Cumberland News may have pulled the plug.
The
advertisements claimed that Riverside is supporting (presumably, financially)
the page of the Cumberland News where the advertisements appear, the district news page.
Possibly,
the Cumberland News has come to the conclusion that it is just not good policy
to have the support of Riverside on one page
of the newspaper and to have articles
criticising Riverside`s shameful record at Longtown on another page.
Whatever
the reason: Good riddance to the Riverside page!