EDM 1496: Cockermouth flooding

That this House notes in July 2022 Samiul Ahmed of Tower Hamlets purchased The Grade II listed Old Courthouse, Cockermouth, a building with an annual income of £38,000, believed to be worth £250,000, for the reduced price of £51,000, due to riverbank erosion and the need for major structural repairs; further notes that in pursuit of quick profit, Ahmed arranged a structural survey and associated works, but on learning of the extent of wider liability and ignoring professional advice, had support props removed, leading to major deterioration and collapse of a portion of the building into the River Cocker in October 2023; also notes that after three years the building remains unsupported, a partial ruin; notes that the Environment Agency mapped increased flood risk to Cockermouth as a result, and expressed concern that the front of the building is also undermined and at risk of collapse; observes that Ahmed failed to pay contractors, has been successfully sued for £62,000 by one local company, and that he has conspired to avoid liability by arranging transfer of his personal ownership of the building to a different legal entity, Halal Group Ltd.; believes that Ahmed is now seeking to transfer responsibility to Cumberland Council taxpayers a potential bill which could range between £1 and £4 million; asserts it should not be the responsibility of taxpayers to pick up the liabilities of persons whose motivation has been property speculation for a quick profit; and calls upon Mr Ahmed to fund the restoration costs.