£ 130.00
But according to reports, Kavanagh told the council the solar farms were worth far more than they actually were. Based on that, the council continued to send more money. Ultimately, Kavanagh is alleged to have received around £130 million in public funds and used it to purchase a mansion, a private jet, supercars, and a yacht. Meanwhile, the council got little to no return on the investment. The money was gone, and the council was in serious financial trouble.
The Serious Fraud Office (SFO), which investigates major fraud cases in the UK, is now officially investigating the matter. They’re working with Essex Police and are asking banks and other companies for more information about Kavanagh’s business dealings.
The investigation is separate from a legal claim the council is also making against Kavanagh and his company. In court, the council has accused him of using fake documents and hiding the truth. Kavanagh denies doing anything wrong, but the SFO’s involvement highlights the seriousness of the situation.
Rockfire and the Collapse of Public Trust in Thurrock Council - https://www.simpleliquidation.co.uk/the-story-of-rockfire-and-the-collapse-of-public-trust-in-thurrock-council/