MIKE JOHNSON, development director at L&Q for over 10 years and one of the main instigators behind the doomed Walthamstow Stadium project, has hastily left London & Quadrant.
Mike Johnson was the man who informed SOS that Waltham Forest Council encouraged L&Q to buy the site. We have shown that if they build the site, the scheme will lose approximately £30m of taxpayer subsidised funds. It is unknown whether he was sacked or left voluntarily-however we do know that he left with very little notice given to his staff.
SOS maintains that one of the main collaborators working with L&Q at Waltham Forest Council is Councillor Marie Pye. She was in the housing department, then moved departments as her involvement with the Stow saga was made public. How strange that, days after L&Q’s planning application was passed by the council, Marie Pye was moved back to housing.
With the other senior L&Q employee involved in the Stow, Steve Yianni, also leaving L&Q, SOS wonder how long before the Chief Executive David Montague does the honourable thing and also resigns.
L&Q made a catastrophic decision to buy a viable greyhound stadium at a vastly inflated price. They did this partly because Waltham Forest Council encouraged them to do it. We have every faith that Mayor Johnson is looking in to this abuse of public funds and trust and acts accordingly.