Thursday 30 August 2007

Reputations

Tim Pollard wrote back to me re my mail sent yesterday, saying that "all enquiries about the evidence base are being dealt with by Donaldsons on the Council's behalf. I have sent your email on to them and they will respond to you direct."

I sent him the following reply this morning:

"Tim

Thank you for your response, I look forward to reading Donaldsons' reply.

One more query for you and the council, rather than Donaldsons. Regarding Gerald Kaufman's assessment of Arrowcroft in 1999, as referenced on the CATARENA site:

'I shall talk about the conduct of people in Arrowcroft, in North West Water and in other firms. I am sorry to say that their conduct involves lies, concealment, deception, double dealing, proposed blackmail, proposed bribery and attempts to manipulate Members of Parliament.'

Also:

'Arrowcroft is the property partner of United Utilities, an enormous organisation, which owns both North West Water and the North Western electricity board, Norweb. It is therefore curious that Arrowcroft is not a public company and that all its shares are held by very few people.

A list of shareholders shows an Alan Jones and, a little further down, a Catherine Leslie Jones; they live together and have 35,000 shares between them. The list of shareholders also shows a Bankim Chand Gossai and, further down, an Umeshwatie Devi Gossai; they, too, share an address. Then, we have Barbara Priscilla Eppel, who owns 440,000 shares; Leonard Cedric Eppel, who is chairman of the company and owns 600,000 shares; and Stuart Neil Eppel, who owns 330,000 shares; other members of the Eppel family are also shareholders. Nicholas Paul Hai and Rochelle Eleanor Hai own more than 360,000 shares between them.

One short list comprises the names of all the shareholders in the property company of one of the biggest companies in the country--it is a family company, and the relationship between the two companies is baffling, to say the least.

However, it is clear that they are not a very successful family. While the property company registered a profit of £501,472 in 1997, in 1998--these accounts were published last month--it made a loss of £192,531.

On the other hand, the family certainly know how to look after themselves. In 1997, directors' emoluments were £487,204 and, in 1998, they increased to £605,939. The emoluments of the highest-paid director increased in one year from £119,679 to £194,353. The House may agree that certain fishy matters should be investigated.'

Are you and the council comfortable to have your names associated with, and to have entered into an agreement with, a company whose conduct according to Gerald Kaufman involves 'lies, concealment, deception, double dealing, proposed blackmail, proposed bribery and attempts to manipulate Members of Parliament'?

Thanks for your help.

Kind regards

Ken Frost

Croydon Against The Arena
"

1 comment:

Anonymous said...

The hidden questions that no one will dare ask!

Arrowcroft are also known for being very letigeous. Perhaps this is why the councillor is nervous to reply direct to you?

Is it more than a free trip to Hamburg that must be being offered?