Former Thanet Councillor, Ian Driver said "By agreeing the leasehold charging order with Arrowrgass Thanet Council is now swimming in the murky waters of international offshore finance which are well known to be full sharks. This was a very bad decision which could result in Thanet Council losing control of the Dreamland site to a secretive offshore investment company motivated purely by maximising returns on its investments. Thanet Council and its taxpayers are likely to have to pay a very heavy price for supporting this deal. It's now becoming clear that the Dreamland project whilst well intentioned was a mismanaged disaster which has cost council taxpayers at least £7million. There should be immediate independent investigation into what went wrong along with some overdue resignations"
It should be noted that the last time Thanet Council became involved with offshore investors was SFP Ventures who were based in the British Virgin Islands. They wanted to build luxury flats and a hotel on the Ramsgate Pleasurama site. 14 years later???
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