I HAVE just heard that £20million of our hard earned money has been invested in the Icelandic bank that has just crashed.
Who at the Town Hall thought that it would be a good idea to invest our money overseas? I'm sure the rate seemed attractive at the time, but it does not seem so attractive now.
Naively, I assumed that the treasurers at Hillingdon Council would only invest public money in UK banks and institutions. If that had been the policy we would not have this mess now.
Who is accountable to the public for wasting this money? How much more of our hard earned money is salted away in overseas banks and institutions?
Perhaps it is time to put Del Boy and Rodney in charge - they surely could not do a worse job.
MICK HUGHES,
by email.
