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This is latest uodate report from Begbies Traynor
Investigations
• Correspondence with the Company’s IT providers with regard to accessing data.
• Analysing the Company’s financial records and bank statements in order to establish the reasons for the
Company’s financial position.
• Dealing with creditor concerns regarding the following:
o the level of accumulated debt set against the levels of investment;
o Performance of the underlying subsidiaries;
o The fact that investment was being secured as late as early 2021;
o The manner in which investment was secured either by loan notes, equity or underlying bonds;
o Alleged mis selling of convertible loan notes under the guise of secured bonds;
o Alleged voting issues at Audley Funding plc level;
o The levels of related party loans; and
o A review of alleged accounting issues. In particular, the classification of commissions as
administration expenses.
• Securing and analysing Company data including email accounts.
• Reporting to the Insolvency Service on the Directors’ conduct and subsequent correspondence regarding
the same.
• Liaising with the FCA regarding ongoing investigations.
If you want to email them, you will need to email Begbies, and regulators, and Begbies's lawyer too for all the emails and reporting you made.
See below :
Paul.Cooper@btguk.com
paul.appleton@btguk.com
adam.shama@btguk.com
as-team@btguk.com
CC:
STEPHENSON HARWOOD (Begbies's lawyer)
julian.cahn@shlegal.com
jamie.stranger@shlegal.com
Rubin.Weston@shlegal.com
stuart.frith@shlegal.com
Nick.Axup@shlegal.com
Ian.Benjamin@shlegal.com
Katherine.Hudson@shlegal.com
REGULATORS
MakeAReport@sfo.gov.uk,
intel@sfo.gov.uk,
Public.Enquiries@sfo.gov.uk,
MIUMailbox@fca.org.uk
Consumer.Queries@fca.org.uk
@missthatcher
Begbies responded to my email, and they were generally very helpful. They requested that I inform them of the situation, and they would do their best to help the creditors and shareholders.
They also encouraged me to cc the regulators on all email correspondence because there is an ongoing investigation.
Perhaps you can share your issue with them too, so both begbies and regulators can assist.