Friday, 21 September 2012

Council owned companies: Lib Dems call for clarity

Lib Dems continue to press Wokingham Borough Council for information about the three Council owned companies: WEL, WHL and OPTALIS.

Issues surrounding these companies were thrown into the spotlight when the Conservative executive decided to pay six councillors acting as Non Executive directors of these companies an additional £6095 each a year. The Lib Dems challenged this decision in August but the Conservatives are carrying on regardless despite resident’s opposition to these payments.

At last night’s council meeting, Lib Dem councillors asked questions of three of the Non Executive Director’s and got identikit answers. In an attempt to improve the clarity of information coming out of these companies the Lib Dems have suggested that the six Non Executive Directors get together and agree with councillors a process to ensure the right information about the companies is being communicated in a timely manner.

Cllr Prue Bray, Leader of the Lib Dems, said “Millions of pounds are tied up in these companies. Councillors have a duty on behalf of residents to make sure that tax payer’s money is being spent wisely. How can we do that if everything is locked away and kept secret?”