Peterborough City Council are about to sign a strategic partnering agreement with two firms who have recently attracted the close attention of The Serious Fraud Office but there is no mention of it in the recently released 'gushing' public document for the Cabinet Meeting on November 4th Agenda Item No:5
"A COMPANY whose contracts with collapsed Warrington funder Total Asset Finance are at the centre of a Serious Fraud Investigation is under new ownership for the second time in four months. H2O Networks has been placed into administration by its new owner City Fibre Holdings, and the same management team has bought back its business and assets. City Fibre Holdings had bought H20 Networks (and sister firms Fibre City Networks, Opencity Media and Wireless City Networks) from former parent firm I3 Group in January this year."
Clearly Cllr David Seaton and the fun loving John Harrison Executive Director 'for non working mega bucks fountains' and strategic resources, may care to make further urgent enquiries, as it seems there is a whole pile of worms to sift through. The clue is the collapse of the Bournemouth digital network, something the Cabinet is now trying to dump on Peterborough. They might also like to explain what a 'cross-cutting network' is? Its all in the public document. The other SFO customer? Why its SERCO of course!
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