Natwest faces £250m lawsuit over alleged role in Thurrock Council scandal

The core of the lawsuit centers on allegations that RBS processed payments that were not authorized for the solar farm developments. Instead, these funds allegedly flowed to Liam Kavanagh, who was in control of Rockfire Group. This diversion of funds, according to the liquidators, played a role in the financial collapse of Rockfire Group and its subsequent inability to fulfill its obligations to Thurrock Council.

The scandal involves Thurrock Council's significant investments in solar energy projects, which were managed through Rockfire Group. The council's financial difficulties have been widely reported, with questions arising about the management and oversight of these investments. The lawsuit against RBS is a significant development in understanding the financial mechanisms and potential misconduct that may have contributed to the council's predicament.