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Perhaps the tide really is turning - MP for Basildon guilty of multiple Company Law Compliance failures and what looks like outright fraud.

  https://www.thetimes.com/uk/politics/article/reform-mp-james-mcmurdock-suspended-after-sunday-times-investigation-ljh7rtprd Automated compliance check by simply looking at the lack of loans on the one set of accounts actually filed and the British Business Bank's records would have picked this up a long time ago. The other is just the usual reliance on Companies House striking off non-filing companies which is the subject of High Court proceedings for declaratory relief to put an end to the Secretary of State's nonsensical position.  What chance prosecution? Probably Nil or they would also have to deal with the fabuously wealthy Beckwith family scams and false accounting highlighted by Bloomberg. Just a shame that no-one prosecuted Nadhim Zahawi and let him ride off into the sunset when compelled to resign for appalling breaches of disclosure obligations. 

[UPDATE 4 JULY] Today's Financial Times "Reform of Companies House to be shelved ...". leaving Perfidious Albion (c/o 1 Benjamin Street London EC2) still run by crooks and fraudsters.

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  https://www.ft.com/content/9d8fbbaa-b7e8-4b0b-bc92-9b7f24caaa3a Wake up QUANTEXA! You have until 4.00pm Friday to tell the truth.  [UPDATE 4 JULY] DEADLINES HAVE PASSED without response ("Silly Billies" as a former Chancellor took up for his own purposes).  FURTHER ACTION HAS THEREFORE BEEN TAKEN. ...... and even the Americans are now recognising that the entire Private Equity and all Investment Managers  need to be properly investigated and held to account.   Clue: start with Richard Seewald, Director Quantexa Ltd and his endless lies to the SEC directly supported and promoted by The Bank of England and FCA with more than £70m of your money thrown at him.   https://adviserinfo.sec.gov/firm/summary/319748  (Sch D para 1.M)

"....one of the 100 most influential lawyers in the UK" today urges prosecution of those like all the Directors of the 6 now 3 Albion VCTs who deliberately filed knowingly false information for more than a decade.

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  .... as for the members of Albion Capital Group llp (particularly Will Fraser-Allen and Patrick Reeve) whose outright fraud and bribery the Directors of the VCTs were being paid to cover up.... they need to be struck-off, banned for life and be sent to prison.

Delighted to see this morning's ECHR Judgment that the UK Judiciary support a Police State. Will my case be the one that proves judicial bias and corruption?

Finally common sense prevailed and the UK was given a bloody good thumping and declared in breach of it's International obligations. It took more than a decade when the British Judges could and should have stopped it years ago. https://hudoc.echr.coe.int/app/conversion/pdf/?library=ECHR&id=003-8272765-11644429&filename=Judgments%20of%2001.07.2025.pdf A good reason why the EU should never give equivalence to professional qualifications of any British regulator - let alone equivalence for anything or anyone regulated by the FCA

[UPDATE 27 June] To use Donald Trump's immortal words .."what the f**k do they think they are doing".. the Secretary of State's latest attempt to further cover-up economic crime.

I missed this one ten days ago, but heaven help the UK economy. https://www.gov.uk/government/news/insolvency-service-to-take-on-the-work-of-the-national-investigation-service Just reread my old posts to find: 1.  Insolvency Service staff take bribes from members and others licensed by the Institute of Chartered Accountants in England & Wales. The latest sackings are just the tip of the iceberg https://www.ft.com/content/6c231a05-acb3-4525-a2d5-2abd2c85632e 2. A Director of the Insovency Service, Mrs Francis Coulson a solicitor at Wedlake Bell, pays/paid money to a serving judge, Stephen Baister , whom she admits stated in public in front of her that Judges try and find a way to favour those whom she and other solicitors represent and whom ICAEW Licenses under her department's delegated authority, and then fails to Regulate. 3. Coulson's department failed to investigate COVID loan scams by her client David Buchler and his son Adam over the Cheltenham Coach station redeve...

Glad to see the Secretary of State is today promoting yet more economic crime in Perfidiouos Albion (well it is probably the only growth industry left in the Sceptred Isle - or No.1 Benjamin Street for that matter) with his aptly named Regulatory Innovation Office so far behind the curve...

 The list of "what Perfidious Albion excels at" is on page 116. https://assets.publishing.service.gov.uk/media/68595e56db8e139f95652dc6/industrial_strategy_policy_paper.pdf Do look out for PwC's droning on about £46bn to be gained from flying white vans. Nowhere does the document recognise that it is the deliberate policy of promoting the ineffectiveness of, and failure to enforce, existing regulation over the last 40 years which is the root cause of our "beloved" Albion's problems. £2,000+ per hour for a EY partner's services rather proves the point - and they have now written to me desperate to buy my share in the Janus Henderson entity now being liquidated (at more than twice the last traded price!) so that I can't hold them or JP Morgan to account for what is only now stated to be a 3 year long process of recovering withholding tax and seemingly very little else. Nice work for the ICAEW "we always turn a blind eye" licensed scammers bec...

I wonder which of Albion VCT scoundrels John Major could have been thinking about today?

Thanks to Politico  MAJOR INTERVENTION:   Britain’s oldest living former Prime Minister John Major lambasted the state of propriety in public life  From bad to worse:  At an IfG event all about standards, Major said Britain faces even more corruption and bad practise than when he oversaw the introduction of the Nolan principles ,,,a  full three decades ago.  He said rotten apples are not held accountable. We Albion shareholders know all about that! https://www.instituteforgovernment.org.uk/event/democracy-we-trust-sir-john-major

Is the lack of Company Law Compliance and related regulatory failings of the Bank of England, the FCA and the LSE to blame for the continuing collapse of Foreign Direct Investment into the UK?

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All the statistics (even published by EY) show the collapse in the UK's standing. Perhaps it is time for someone to get to grips with the problem and clean up the Global Centre of Economic Crime even at the cost of so many job losses at firms of accountants and lawyers. David Bailey - Executive Director of the Bank of England - gave me a personal face-to-face undertaking to look into the QUANTEXA shambles. Anyone heard anything? I haven't. Bailey's Lack of response doesn't surprise me given he was mostly ineffective at the FCA and FSA, and QUANTEXA is "advised" by retired MI5/6, GCHQ and KPMG people (it is a shame QUANTEXA is so useless it still can't even disclose the now 10 registered at Companies House Directors of the company on it's website) and the biggest beneficial interest is held for the Department of Business and Trade that fires its own staff for openly taking bribes from members of ICAEW. No wonder that Albion Capital Group 's fellow ...

"Tomorrow is another day" in the land of Perfidious Albion

  https://albionvct2025agm.blogspot.com/    Do read the Albion Technology "portfolio of investments" analysis on pages 29 and 30 of the accounts for an object lesson in how to evade proper disclosure of "post balance sheet events" and cover up fraud. This has been going on for years in Albion VCTs with all their non-coterminous year ends. Do all Investment Managers lie as much as all the members of Albion Capital Group llp? You only have to look at their admission of outright Tax Evasion in the multiple, in some cases years late, 11 February 2025 filings at Companies House. The soon to be published analysis does rather prove the whole VCT sector is one giant Ponzi Scheme and with the EIS and similar schemes, the case for immediately liquidating all the Listed VCT "reinvested" and "false" dividend scams is plain for all to see. It will save the UK £multi-billions in tax revenue lost to such scams.  Even AI doesn't seem to produce hallucination...

[EDIT 5 JUNE - where were you?] Where will you be tomorrow?

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[UPDATE  5 JUNE]  Worth watching and listening to the Politico replay. https://www.politico.eu/event/in-the-city-we-trust-the-fine-line-between-regulation-and-growth/ My written question at minute 38.10 answered by 3 of the very senior panellists in person after the event with promises to finally investigate the BoE and FCA matters in my flyer. Interesting comment from one of the Parliamentarians "we are all worried about Companies House". All attendees at both this and the LSEG event expressed concerns that the Companies House data is presently useless for AI applications because of inaccuracies and false filings - yesterday morning they said they are 3 weeks behind in processing paper documents .... even those still false ones sent in by FCA authorised fund managers!  For those without a hi-def screen: the 3 questions were: (in reverse order) "As crypto becomes regulated, do panellists see an opportunity to move away from the way things are done, change how oversight w...