I believe that that is exactly the position. This legal instrument was created in order to help to raise money. However, the difficulty is that we will be raising money on public land—public for the moment, at least. That is land owned by you, Madam Deputy Speaker, by me and by all of us, and we will be handing over some sort of investment in it to organisations that are cloudy, to say the least. Is there anything to stop these partners being offshore companies or being able to establish themselves with £2-worth of capital? Is there anything to stop documents naming certain people as responsible for the company, only for the Russian mafia to take over at a later stage? Are we handing over Caledonian Road, Old Street and potential developments in my constituency to such people? I certainly hope not, but I am worried that this Bill’s revival may allow that to happen.
Transport for London Bill [Lords]: Revival
Proceeding contribution from
Emily Thornberry
(Labour)
in the House of Commons on Monday, 16 November 2015.
It occurred during Debate on bills on Transport for London Bill [Lords]: Revival.
Type
Proceeding contribution
Reference
602 c457 
Session
2015-16
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2015-11-17 14:54:00 +0000
URI
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