On the 6th October, the Gibraltar Chronicle carried a story about the GSLP-Liberal Alliance renting a school in Town Range from a private company, with a potential for conflicts of interests, which in its follow up story, on the 8th October, it revealed would cost the government (us) an eye-watering ‘around’ £1,100,000 in yearly rent.
Seemingly, there has been no public tender to allow any competition, and so potential savings to the public (our) purse, for any other building or site to be rented as a government school.
It is said that issues of rights to light, and design concerns on that front, at the chosen Town Range site, may have hindered the initial proposed development of luxury apartments, which was intended by the private owner, and for which planning consent was sought, or undermined its economic viability.
Irrespective of that, the rental of the building, will make the chosen development economically viable, and a lucrative project, via the acquisition by the owner of what can be described as a ‘platinum tenant’, the government, and so at cost to the public (our) purse.
That at a time when the Chief Minister, Fabian Picardo, cries ‘there is no money’, and public budget deficits are £157 million (last year) and projected at £51 million (current year).
CONFLICT OF INTEREST?
Roy Clinton raised the matter of the rental by the government of a school in Parliament in 2019, and in a recent GSD press release, which prompted the Gibraltar Chronicle’s first report. He also mentioned a potential conflict of interest between the current Government and a few beneficial owners of the relevant development company, who are partners in the law firm Hassans (exact details of which still remain secret).
The proposed rental, and the potential for a conflict of interest, beg many questions, without delving into the validity of the GSLP-Liberal Alliance’s decision to rent at all. By way of example some that come to mind follow.
Continued at link.