Judge slams Ofwat and government for not attending Thames Water hearing

https://www.ft.com/content/35487970-3566-4d55-b762-b820da6ff353

by F0urLeafCl0ver

5 comments
  1. *Mr Justice Leech, who is presiding over the week-long hearing on whether to approve an emergency loan from Thames Water’s senior lenders, said that the lack of engagement in proceedings from water regulator Ofwat and the government was “unfortunate”.
    “It would have been nice, I think, if either Ofwat or the secretary of state had felt the need to turn up and explain the position to the court”, Leech said.*

    Possibly the most powerful ***SLAM*** since Hulk Hogan Picked up Andre the Giant at Wrestlemana III /s

    Would it be too much to simply use the word criticise instead. I’m fully aware there are worse versions of this but why does everything have to be sensationalised in the press.

  2. I think it would have been helpful for OFWAT to attend but let’s be honest, they’ve had a fair idea of what’s been going on for years.

    If journalists and some part time forensic accountants can pull the big water companies accounts apart and show the systemic fraud that’s been carried out surely it can’t be difficult for the Regulator to do the same?

    Better not rock the boat though, that water company has a lovely lunch arranged next week and I hear the restaurant is “sensational”. /s

  3. What the hell?! OFWAT….What use are you? There’s probably a revolving door between the environment agency, OFWAT and water companies. Who regulates the regulator?!

  4. That would be in the best interest of british citizens so obviously they were never going to turn up, too busy paying hostile governments to take our sovreign territory.

  5. So a guy resigns and there are calls for him to be rehired. Sounds a bit like DOGE is a modern version of Hotel California.

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