Glasgow鈥檚 much-celebrated stock transfer success was in doubt this week, after it emerged the new landlord is the subject of a police investigation.
Allegations have been made that Glasgow Housing Association failed to disclose its status as a limited company because it did not want tenants to view the transfer as a privatisation of their homes.

Anti-transfer campaigners claimed that the association was in breach of the 1965 Industrial and Provident Societies Act, which governed its operation.

Strathclyde Police said: 鈥淲e can confirm that we have had information from the procurator-fiscal in Glasgow. Initial enquiries are being carried out into the circumstances and a report will be submitted to the procurator-fiscal.鈥

A spokesman for the new landlord dismissed the allegations as a 鈥渢actic鈥 by anti-transfer supporters and said that no one had formally contacted the association.

He added: 鈥淭his latest tactic by those who refuse to accept the democratic process is sad. It would be better for all to move forward to ensure better housing. GHA will not be deflected from its goals by spurious claims.鈥

But Sean Clerkin, chair of the Glasgow Campaign Against Stock Transfer, said: 鈥淭he fact that a police investigation has to be undertaken at all shows the senior management of GHA is incompetent. There is no management structure at all.鈥

Clerkin claimed that the banks had already raised concerns with the landlord over its management structure and he argued that the fact that the association was subject to a police investigation showed a failure of management.

Anti-transfer campaigner and MSP Tommy Sheridan (pictured) called the association a 鈥淭rojan horse plc company鈥.

Glasgow council said in a statement: 鈥淲e believe we followed all the procedures in the run up to the ballot and we believe that all the correct procedures were followed.鈥

A majority of 58.3 per cent of those who voted supported the transfer (Housing Today, 11 April). Glasgow Housing Association is expected to take over all 82,000 council homes in late November.

The investigation by the procurator-fiscal鈥檚 office is expected to last several weeks.