TfL holds £100m of the public's money on Oyster

After a Freedom of Information request from the London Assembly Lib Dems revealed that Transport for London is holding £100m of cash in Oyster credit balances and deposits, Caroline Pidgeon commented:

“For far too long Transport for London has been keeping secret the huge amounts of public money they are banking due to so many dormant Oyster cards.

“Now that the immense size of this cash pile has been revealed it is time TfL ensured that the public can easily claim back their own money. It should be as easy to claim back a refund for the credit and deposit sitting on an unused Oyster card as it is to buy one in the first place.”

You can read full coverage here in the Evening Standard.