Sadiq Khan's Housing Fund Debt
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Greater London Authority LandGuardian
•Taxpayers may need to bail out Sadiq Khan’s London housing fund, say auditors
84% Informative
Greater London Authority Land and Property Limited (GLAP) inherited the 300 m debt.
The fund inherited the debt when it was formed under Boris Johnson in 2012 .
It is meant to create thousands of new homes on its land in an effort to ease the country's housing crisis.
Auditors raised concerns last year over poor management and decision-making at the fund.
VR Score
87
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86
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87
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English
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