LIB DEM candidate for London Mayor Susan Kramer this week claimed that she could raise the money needed to refurbish the London Underground network in six months.
Forty-nine-year-old Kramer, who has advised on the financing of transport infrastructure projects in Hungary, Poland, Romania and Austria, was quoted in the national press as saying: 'I know that we can raise the financing. Give me six months and I would have the money together to put it into the Tube system. It's entirely feasible.'
Kramer rejects the Government's plans to meet the Underground's need for a cash injection through a partial privatisation.
An Oxford graduate with a background in US banking, Kramer worked in Hungary from 1993-95 developing a waste water recycling project for Future Water International. She started her own consultancy Kramer and Associates in 1997 with her husband John, who is a former chief of Chicago's transport authority.
The Government office for London last week published a consultation document The shape of things to come? on the working structure of the new Greater London Authority. Tel (0171) 654 9407 for a copy.