Saturday, June 15, 2024

Finance Director at Thurrock Council tenders his resignation

THE chief finance officer at Thurrock Council has resigned from his role.

Thurrock Council has asked the government for exceptional financial support after admitting it has a £469m funding black hole following a series of failed investments.

Sean Clark, the council’s corporate director of resources, was warned about “unprecedented” risks being taken.

A council spokesman said he tendered his resignation, which was accepted.

Mr Clark’s last day was scheduled to be 12 April.

Conservative-run Thurrock said earlier this week he had been paid £58,556.47 in salary this financial year, and £11,594 in pension contributions, since his suspension in September.

The former council chief executive Lyn Carpenter resigned with immediate effect last month.

14 COMMENTS

  1. Some years ago and light aircraft flew over orsett towing a banner saying thurrock councilike are crooks. The more things change………….

  2. How is this list money going to be made up.
    I hope not by upping rent and rates it’s unfair and the culprits for loosing should should be made to find a solution and quick

  3. This guy should be jailed for gambling with tax-payers money!! Quitting is the easy way out- how much has he been paid (under the table and kickbacks) by those people he done the so called ‘investments’ with? This is outrageous! Jail him!

  4. Should be ashamed of yourself what you have done to the people of thurrock you are all crooks you should be put in prison for what you have done

  5. He needs brining to account for this, neeting st mayfair hotel with liam kavanagh, nothing recorded, its a disgrace, bring back the audit commission to hold councils to account. This man is an absolute disgrace, being allowed to gamble millions of council money, the government needs to fully investigate and ensure this is never allowed to hapoen again

  6. He needs bringing to account for this, meeting st at mayfair hotel with liam kavanagh, nothing recorded, its a disgrace, bring back the audit commission to hold councils to account. This man is an absolute disgrace, being allowed to gamble millions of council money, the government needs to fully investigate and ensure this is never allowed to hapoen again

  7. Why had sean clark not been arrested for what he’s done with the council money and leaving the people of thurrock to pay for his actions should be ashamed of yourself selfish man what a crook someone needs to make him pay

  8. Corporate crime such as this example needs to be taken much, much more seriously in the UK and punished properly like they do in the USA where they’re banged up for 20 years or more – Enron Scandal. Unfortunately, nothing happens in the UK other than losing your job or knighthood in the case of ‘Fred the Shred’ and that was back in 2008. Still the guilty gets away with a slap on the wrist. It’s a complete disgrace that he was able to keep his pension and taxpayers having to bailout the banks.

  9. ANYONE can see as plain as day that he has, in all likelihood, taken a huge backhander to approve a disastrous investment which he and the beneficiary company must have known all about – but they were aligned with elicit riches beyond their dreams.

    The police should investigate and uncover the obvious bribes in this case!!

  10. People of Thurrock, you are quite in your rights to demand your council tax payments back for the period in question when Sean Clarke (Head of Finance) was in control of your money, as it was not used for the purposes, as set out in the yearly council tax demand that they sent to you.
    The council have illegally squandered your money on dodgy vanity projects and must be held accountable for the £130,000,000 one man’s decision has cost you all.
    He has walked away from it all, with impunity.
    Now the council are demanding that your future council tax payments will be higher than inflation.
    Legal action must be taken to ensure this selfish lack of concern for other people’s money does not happen again.

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