Against corruption under cover of 'social housing' in the East End of London -UPDATER Report

Against corruption under cover of 'social housing' in the East End of London -UPDATER Report

1912 Hrs GMT London Thursday 10 October 2013

This is a relatively recent Image of David Orr who is cited in a multi-million£ claim against wrongdoers involved in attacking the Community in the East End of London

Orr is cited in relation to a part of the claim that refers to his role in the violations of the rights of a family in the East End of London which violations are at the centre of the multi£million claim.

Tower Hamlets Council is also cited.

David Orr, who has been featured on the British “media” as a champion [!!!!!!!!] of social housing is accused of being the opposite and his involvement in the promotions of the Tower Hamlets Community Housing [THCH], condemned by many residents with the demonstrable the knowledge of Tower Hamlets Council’s key decision-makers and Council-appointed “THCH board members” , has been described as a contributory factor in the sabotage of the residents’ say and welfare after Tower Hamlets Council was misled a decade or so earlier into handing over so much Council housing stock to rogue individuals who took up controlling positions and were allowed to be installed in the grabbing outfits a number of which posed as “Registered Social Landlords”

[To be continued]

KHOODEELAAR! Campaign defending the Community in the East End of London  against corrupt & antisocial 'registered social landlords' [RSLs] continues  

1835 Hrs GMT

London

Thursday

10 October 2013

Firstly NOTING the revelation [Oops! NOT] that the stupid East London Idiotiser is still stupid!

It does not require a revelation.

Those who have been at the receiving end of the stupidities of the IDIOTISER know that the outlet is stupid almost every single time.

The IDIOTS who allegedly edit this idiotic outfit have sat on their ignorance

for a good number of weeks since the decision was made to public 

CONDEMN the Tower Hamlets Community Housing [THCH]

INSIDE HOUSING has had the following on its web site since 25th  September 2013 and the East London Idiotiser has not run the story!

It is THREE WEEKS  and a day since then and the IDIOTISER is conceding the “relevance” of the news item for people in Tower Hamlets only today!

Little does the IDIOTISER realise that it crass stupidity and its matching racist backwardness have been allowed to deny access to such important news items that the people in the East End of London borough - ‘recognised’ as one of the most deprived - deserve.

We have more news and disclosures about the corruption in Housing that has been going on in Tower Hamlets for years and even decades.

The IDIOTISER has not touched a single one of those corrupt activities or their severe lethal effects on the community in Tower Hamlets

[To be continued]

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http://www.insidehousing.co.uk/regulation/housing-association-is-downgraded-by-regulator/6528730.article

• Home Regulation

Housing association downgraded by regulator

25 September 2013 | By Pete Apps

A housing association has been criticised for a ‘weak financial profile’ and ‘inappropriately delegating’ responsibility for key risks, in a judgement published today.

It received a ‘G2’ rating for governance, meaning it needs to improve aspects of its governance arrangements, and a ‘V2’ rating for viability, meaning it needs to manage its material exposures to continue compliance.

‘The regulator has concluded that the board has inappropriately delegated to committees ownership and responsibility for key risks, and is concerned that this could lead to failings in risk management or internal control,’ the judgement said.

‘The regulator is not assured that THCH’s large board, combined with long terms of office and infrequent review of performance and skills, position it appropriately to manage risks arising from the challenging external environment and its plans for increased development.’

It said the total of 16 board members, eight of whom are elected tenants, is more than suggested by the landlord’s code of governance.

THCH has committed to reviewing its governance arrangements later this year.

Downgrading its viability, the judgement noted that with two exceptions, THCH forecasts a net deficit every year until 2027, with interest cover below 100 per cent for several of them.

‘This is due to high levels of investment in stock and high service and management costs relative to income, which contribute to low social housing operating margins,’ the judgement said.

‘This weak financial profile makes the impact of other risks such as cost increases and underperformance against business plan assumptions more significant.’

The housing association has confirmed it has introduced more rigorous development cash flow forecasting, with senior management team oversight on a fortnightly basis.

Inside Housing was unable to reach THCH for comment before the judgement was published today.

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Here [below] is the text of the East London Idiotiser piece published 3 weeks and a day after the above [Inside Housing] report was put online on 25 September 2013 about the same THCH failures and downgrading by a reluctant HCA!

http://www.eastlondonadvertiser.co.uk/news/politics/tower_hamlets_community_housing_board_criticised_by_watchdog_1_2872433

http://www.eastlondonadvertiser.co.uk/news/politics/tower_hamlets_community_housing_board_criticised_by_watchdog_1_2872433