It has been brought to the attention of the branch office that Councillor Barrow was the director of Eiger Capital, a failed investment firm that went bust owing WCC approximately £20K in business rates.
We also hear that he has investments elsewhere - for example in another investment company called Alpha Strategic where he allegedly has £350K invested.
Whilst we recognise that the failure of the first business has nothing to do with any investments held elsewhere, it doesn't sit well with us. At a time of job cuts in WCC, the leader of the Council is associated with a firm that owes the council money yet has plenty more to continue investing on his own behalf.
We are not suggesting any impropriety, just a moral dilemma: on Cllr Barrow's watch livelihoods are being destroyed to save money - money that the Council would have more of if Eiger had paid their debts. Is this the type of leadership the council needs?
For more info follow this link to the BBC News website:http://news.bbc.co.uk/1/hi/england/london/8659792.stm
Or perhaps you'd enjoy a look at Cllr Barrow's own website: http://www.cbarrow.com/default.htm
It's good to see our leader is fully focussed on the difficult times ahead rather than concentrating on building his profile & putting himself foward...
