SOLIHULL council’s leaders and unelected management are keen to get the best return on taxpayers’ money it ‘banks’.
That’s understandable, in seeking to pay for future council services with government funding rapidly disappearing.
It pools funds with other organisations to invest in international money markets to get bang for its buck.
But, after our enquiries, it appears the council lacks an ethical investment policy – which might protect your money from potentially going to tax havens, or unethical and disreputable businesses.
That rings alarm bells, and leaders do not seem to know precisely where the money is invested, by a third party.
Coun Robert Hulland did not respond to our further questions.
Amid the Paradise Papers scandal, taxpayers need transparency.
