Home Council Conservatives Seek To Clawback CoinCo Calamity 🅿️💷

Conservatives Seek To Clawback CoinCo Calamity 🅿️💷

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At a meeting of the Audit and Standards Committee, on 24th July in City Chambers, the Conservative Group called for support to bring a claim against the directors of CoinCo International Ltd (CCI) for wrongful trading.

CoinCo were the contractor for providing cash collection services for Brighton and Hove City Council, before they went into administration in November 2014 – owing the council £3.243m which it had collected, but not transferred, from many council establishments and parking machines.

Cllr Joe Miller - Chair A&SC
Cllr Joe Miller – Chair A&SC

The Chair of Audit and Standards Committee, Cllr Joe Miller (Conservative) said “It is important that we push for the Labour Administration to recover this £3 million. Our city should not be left out-of-pocket because CCI failed to deliver.”