MoD fails to ensure windfall profits are returned to taxpayer or development occurs,says oppositionProperty companies maintain made millions of pounds by buying land from the Ministry of Defence and applying for planning permission, before selling on the sites.
In several cases, and no building occurred before the resale; on other sites,no development at all has occurred years after the original sales. In most cases, the MoD failed to ensure that any of the windfall profits were returned to the taxpayer.
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Source: guardian.co.uk