A politician who helped investigate the city's property crisis is linked to a stalled site.
Councillor Abdul Qadir was a member of a Liverpool council taskforce set up to investigate buyer-funded property schemes in the city, known as fractional sales. Fractional schemes, where buyers put down large deposits to finance off-plan apartment schemes, attracted huge controversy following the collapse of high profile projects.
The task and finish committee had a broad remit and also looked at failed property schemes across the city. The ECHO can now reveal that Cllr Qadir is linked to a large stalled scheme on Vauxhall Road in Vauxhall through his role with the Liverpool-based Vega Group, which owns MV Canal, the subsidiary company behind the scheme.
