Quote ="Noble & Honest""plausible reason"?
Perhaps the fact he claims to be owed £1000059.And whilst he thought he had a deal with Whitcut and Moore it was not happening.
May have resigned as a director but still owned OK Bulls Limited.Still does.
Thought you did not listen to any of my alleged ramblings?
As I have said there is a serial history of insolvency in many other dealings together Whitcut and Ok have had.
The report also says Ok Bulls Limited could not secure an overdraft.For a man with such a huge personal property portfolio to secure do you not find that strange.
I have had the benefit of seeing other documentation given to prospective buyers.The WHOLE truth may come out but most certainly should come out.
People who run companies like this without proper records to enable up to date financial positions to be ascertained, often do it so there is no proper conclusive audit trail to support the companies transactions.
They bank on the fact that no one will have the funding to seriously investigate irregularities.
All directors at this stage are accountable for their conduct in the shambles.
You and me know who the main players were.
Which is why Sutcliffe and Greenwood were so stupid to take directorships last April.
I do not for one minute think Sutcliffe is bent.
Stupid to be taken in by 2 of his Labour supporters over many years.
Despite there been no money Robbie was set on 2 months before going cap in hand to a "Wonga" money lender at considerable salary as were numerous other back room appointments including a psychiatrist and Head Of Medical Services.
The pychiatrists appointment is understandable.
Given this report and others I have seen.
We can only hope Marc Greens history of some corporate failures is not a sign of more to come.
He is clearly a reluctant owner owed £150k or £180k whichever report you read,that at 8 per cent a month quickly became £250k.
Reminds me of some of the PFI deals.
Lets hope he does not buy an Isteyn Harris at those rates.'"
Re your suggestion initially the business was operated through Ok"s other business accounts.
That also appears to have been the case more recently with Moore and Calverts firms bank accounts/pay portals been utilised.
All that would be picked up in a Cssh Flow Statement ( statement of Source and Application of Funds Statement to the older generation).
Equally more could have been taken out than was put in this way.The administraters job (and ultimately liquidaters)will be clear as mud.
Don't know who would fund an investigation when there is no money left.
Guilfoyles costs were over quarter million.
he had to accept what he got from OK less incidental expenses of his last game in charge.
So his liquidation review allowed all the past miscreants not to be properly investigated.
Perhaps were all better off coming back as serial white collar fraudsters.
Seems so easy to get away with it eh