Residents, councillors and officers are hopping mad to hear taxpayers are lending the multimillionaire, Terence Conran's Design Museum £2.6 million. It is not just the principle of using taxpayers' reserves as if the Council were a bank: it is more the fact the loan is unsecured and offered at the derisory interest rate of just 3%. It does not even cover the corrosive effect of inflation.
One angry resident association chairman said, "no bank would lend on this basis; on their track record with 'Chelsea Care- less our money' looks very unsafe"
As usual, the man behind this gift to Conran and his clique is none other than Daniel Moylan. And, as usual, he is using his bullying techniques to railroad everybody into agreeing the deal.
Left: 'Medici Moylan'
We have to ask the question 'Why'. To answer it we need to look at Danny Boy's social insecurities.
Nothing makes him feel better than using his power and influence to snuggle up to the aristocratic, the rich and the powerful. He was excited like a child at the idea of dealing with Native Land, boasting about how he was dealing with not one, but two dukes.
He likes to feel he is some sort of Medici figure. This he does by toadying up to Lord Rogers and Terence Conran and littering the Rotten Borough with passe pieces of old painted metal beams posing as art.
These childlike pretensions would not matter if Danny Boy was digging into his own pocket to pay for them. But he is not. He is using the Council to enhance his prestige amongst the 'big shots'.As the Dame's hard riding grandfather would say about social climbers, " they can't take oats"
If Conran needs £2.6 million let him use his own resources-he is rich enough.