At a glance
Conservative mayor supports probe into alleged corruption at former Redcar steel works
He says he wants concerns "nipped in the bud"
It follows concerns over transfer of assets to private developers
Shadow Levelling Up Secretary Lisa Nandy calls for independent investigation
Jim Scott
BBC News
A mayor who denied there was "industrial-scale corruption" at a multimillion-pound redevelopment has said he would support a full investigation being carried out.
Conservative Tees Valley Mayor Ben Houchen has faced concerns over the transfer of millions of pounds of assets at Teesworks to private developers.
Labour shadow secretary for Levelling Up Lisa Nandy said there were "serious questions" that "remained unanswered".
Mr Houchen said: "I want this nipped in the bud once and for all".
It followed reports land, potentially worth millions of pounds, at the former steel works site in Redcar were handed to private investors for 100.
Middlesbrough Labour MP Andy McDonald had accused developers of financially benefitting from land that had seen millions of pounds of taxpayer investment.
Ms Nandy said the Labour Party had called on the National Audit Office to investigate.
'Tremendous importance'
She cited the Financial Times, which she said "raised questions about the use of public money, the oversight, transparency and accountability of public money".
"We're calling on the NAO to launch an...
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