“Haringey had two Banksy’s and now it has none. When people realise what has happened they will be gutted - I am.”
Mr Pereira, who has lived in Tottenham all his life, added: “It might be criminal damage to some, but it is beautiful criminal damage, and once it’s valued, it’s gone.”
Keith Flett, secretary of Haringey Trades Council, the north London wing of the TUC, lives near the site.
He said: “The Banksy was an important cultural feature of the area, and if it has been removed – which currently looks rather likely given the wall is being re-plastered – it will be another indication that local people’s wishes in the area come second to the interests of profit.”
The Sincura Group have now taken over the management of the piece and claim that it “has been removed to be sensitively restored to its former glory” with a view to sale in 2014.
The group said in a statement that the artwork had been “gifted” to local charity Step by Step, which works with disabled children and their families and carers in Haringey.
It added that the piece will be one of three controversial headline pieces in The Sincura Group’s 2014 Art Exhibition.