Action at last on stalled property developments in Liverpool & Manchester

This was supposed to be the New China Town development which attracted investment from all over the World especially China and Hong Kong. Now the Serious Fraud Office is investigating some people behind this and two other schemes

I am delighted that the Serious Fraud Office in partnership with the North West Serious Crimes Unit and the Merseyside Police have today issued warrants in respect of people behind two Liverpool properties and the Angel Gate development in Manchester.

The two Liverpool properties are:

  1. North Point Pall Mall, 70-90 Pall Mall, Liverpool – the development company being North Point (Pall Mall) Ltd; and
  2. New Chinatown, Great George Street, Liverpool – the development company being China Town Development Company Ltd.

For more than 3 years I have asked Liverpool Council to clean up its own act in terms of the way that it has assisted with the promotion of these properties and in one case the sale of land to a failed developer. Although being blocked at every turn I am pleased that there is now an internal enquiry into these matters led by Cllr Jane Corbett.

We currently have 8 unfinished or semi-derelict blocks in our city which are blighting their neighbourhoods and damaging the City’s reputation.  Much of the investment for these sites has come from China and Hong Kong and it is highly interesting that the questionnaire that the SFO is using to try and identify more investors has a Chinese language version.  The questionnaire can be found here

I would urge anyone who is an investor or who knows an investor to make contact with the SFO using this form so a full understanding of the problems can be obtained.

About richardkemp

Leader of the Liberal Democrats in Liverpool. Deputy Chair and Lib Dem Spokesperson on the LGA Community Wellbeing Board. Married to the lovely Cllr Erica Kemp CBE with three children and four grandchildren.
This entry was posted in Uncategorized and tagged , , , , , , , . Bookmark the permalink.

1 Response to Action at last on stalled property developments in Liverpool & Manchester

  1. noelsurinuk says:

    Very helpful information. Thanks for sharing, Richard!

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s