Mapely wins lucrative property contract

Mapely wins lucrative property contract

Company that bought Revenue offices in 2001 back in spotlight

Mapeley, the property company that bought the offices of the Inland Revenue
in a controversial outsourcing deal five years ago, is understood to have won a
contract to set up a new network of passport offices for the government.

In 2001 the Inland Revenue entered into a £1.5bn outsourcing property deal
with Mapeley, which saw 700 properties transferred across to Bermuda. The deal
caused a national outrage when it emerged that Mapeley had structured itself
offshore to cut its tax bill in the UK.

The new deal will involve 69 buildings across Britain, will be announced
within days by the UK Passport Service, the FT reported.

The drop-in centres are to be used for the roll-out of Britain’s new system
of combined identity card and passports.

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