Challenging LOBO loans

When I stood recently for parliament as an anti-corruption candidate for Hastings and Rye against Home Secretary Amber Rudd, I attended two hustings, and made this opening speech, where I discuss LOBO loans and the devastating effect they have on local authority finance.

I have now done something practical and challenged East Sussex County Council accounts for 2016/7 for not giving accurate information about the LOBO loans they have (4) and asking the auditors KMPG to apply to the High Court to rule that the loans are unlawful, under the Local Audit and Accountability Act 2014.

Electors all over the country are writing similar letters to their local government auditors, challenging LOBO loans. I am grateful to Joel Benjamin of Debt Resistance UK for his help and advice. Here is my letter.