Forum Topic

Corporate governance LBH

Dealing with the LBH budget meeting on Tuesday night Cllr Lambert says in his blog'Genghis Todd had his set-piece rant about Lampton 360 and Steve Curran had his set-piece retort. It reminded me of my misspent youth in interminable church services where the vicar reads out something from his book (to be fair, he probably knows it by heart) and the congregation respond in unison, saying the same words that they have been saying since 1549. I doubt even Genghis will last for another 500 years, but who knows.'Cllr Lambert knows full well as do his cabinet colleagues  that it's unacceptable to have a LBH senior officer reporting to himself on the performance of our recycling/ waste company or other Lampton company. Huge sums of public money are involved.Guy knows too that there has been no recent performance data on the Lampton empire and despite an item in the forward plan showing this data will be published in February it wasn't. It's easy for the leader to have fun at my expense at Council on this subject without addressing the underlying issue.I sent the following email to the chair of the LBH Audit Committee earlier this week which met on Thursday night. Cllr Lambert is a member of this committee. I understand he didn't  rebut my view provided at this meeting by my colleague Cllr Hearn 'Lampton  360 Ltd and its subsidiariesCorporate Governance concerns You will have heard me raise this at council twice and on both occasions received a derisory and unacceptable response from Cllr Curran.Mr B Walsh remains the managing director of Lampton entities despite being Head of REDE. This is a clear conflict, breaches advice from our corporate governance consultants, recommended good practice and indeed common sense. Please pursue and seek prompt remedial action.'John

John Todd ● 3091d4 Comments