Financial Conduct Authority embeds Albion Capital Group llp's fraud on its shareholders into new self-regulating disclosures

To no-one's surprise today's FCA announcement of changes to the Listing Rules revert to the old and failed self-regulation system in the matter of Related Party dealings. 

I wonder what the FCA will eventually decide to do about Albion's existing frauds and self dealing to unlawfully benefit Albion's management in the Quantexa scam?

Perhaps all will be revealed by the FCA in time for the next AGMs of the VCTs. Anyone else going to be present - even virtually?

Seems to me that the clock has been well and truly turned back to pre Big-Bang and anyone who invests in any Listed company in London is now seen as fair game for being ripped off by the directors/managers trading for themselves. 

Come back Robert Maxwell, Asil Nadir and Jimmy Goldsmith - all is forgiven.




 

Comments

Post a Comment

Popular posts from this blog

The Emperor's new clothes... The City of London is yet again revealed in all its nakedness of corruption and fraud.

Anyone else going to confront Patrick Reeve, Chairman Albion Group LLP     and one of the masterminds and personal beneficiaries of the Quantexa fraud and swindle on "my company", Albion Enterprise VCT plc of which he is also Chairman, at the AGM on 3rd September 2024? Didn't anyone know I am a shareholder? Oh dear. Reeve is a Chartered Accountant - member of Institute of Chartered Accountants in England & Wales ("ICAEW") Will he resign before the AGM - probably. Do look at the records of Companies House post appointment of new Scottish Auditors and most is laid bare for all to see, so that anyone with half a brain can spot the total gross incompetence of Reeve and all the Albion Management that has been going on year after year, and the falsity of the declarations in the Confirmation Statements under penalty of Perjury.  s.30 Companies Act 2006 means all Directors have to resign and Albion have to go as being probably the most incompetent Company Secretary
Read more

Alibion Enterprise VCT plc AGM. "Wriggle and squirm" par excellence. Silly and false explanations proved my points ... Next stop 17 September 2024 AGM of another Albion VCT for further explanations..

 In past years the video of the AGM has been made available on Albion's website together with slide presentations.... will the same happen this year?  I do hope so and that you can then see the slide about the new information on the Quantexa "sale" that Albion later said was after they had touted sale of Quantexa shares around to all and sundry before having to sell it to "their" fund; as well as hear the verbal explanations of why it wasn't a related party transaction. The next AGM's (17 September and 24 November) will hopefully elicit some more of what actually went on and explain the lies in Quantexa's accounts and Albion's Press Release that "Albion" had participated in the Series E which was later orally denied at the 2023 AGM.  1.  Question:   Why does Albion Capital Group llp always file accounts at Companies House for all its managed VCTs before the accounts have been received/reviewed/adopted by shareholders at the AGMs? The ac
Read more