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Previously on "When are publicly available accounts not publicly available?"

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  • Old Greg
    replied
    You can't expect an army tea boy to get logical flow.

    Leave a comment:


  • DaveB
    replied
    Originally posted by shaunbhoy View Post
    And remember OG. Denial is not just a river in Egypt.

    You "in your cups" again? Must be all that cut-price girlie Prosecco.

    They may have errors, the reason we know they have errors is because they have been published. Unlike those for Mr Bank’s companies despite agreeing with companies house that they would be and in breech of the exemption granted on the basis that they would be,

    Another Glass of Prosecco for Sir?

    Leave a comment:


  • meridian
    replied
    When are publicly available accounts not publicly available?

    Originally posted by shaunbhoy View Post
    And remember OG. Denial is not just a river in Egypt.

    You "in your cups" again? Must be all that cut-price girlie Prosecco.

    Selective quoting? Additional quotes from the same source:

    While the EU is ultimately responsible for its own budget, the majority of the spending is implemented by member countries. Both the EU and member states make similar amounts of error.

    In the UK’s case, the Public Accounts Committee has criticised the government for designing programmes which add to the complexity of EU spending, and showing a “distinct lack of urgency” in tackling that complexity and reducing the penalties the UK needs to pay back to the EU.
    The point, though, is that their accounts are publicly available.

    Leave a comment:


  • Old Greg
    replied
    Originally posted by shaunbhoy View Post
    And remember OG. Denial is not just a river in Egypt.

    You "in your cups" again? Must be all that cut-price girlie Prosecco.

    My post was is reference to the publication of accounts.

    HTH

    Leave a comment:


  • shaunbhoy
    replied
    Originally posted by Old Greg View Post
    Auditors say the accounts have been accurate since 2007. But they have historically recorded significant errors in how money is paid since their first audit in 1995. In the most recent year, they found a significant part of the EU’s spending was largely error-free for the first time.
    And remember OG. Denial is not just a river in Egypt.

    You "in your cups" again? Must be all that cut-price girlie Prosecco.

    Leave a comment:


  • Old Greg
    replied
    Originally posted by shaunbhoy View Post
    When they belong to the EU??

    https://publications.europa.eu/en/pu...9-01aa75ed71a1

    Definitely TL;DR

    Leave a comment:


  • shaunbhoy
    replied
    When are publicly available accounts not publicly available?
    When they belong to the EU??

    Leave a comment:


  • When are publicly available accounts not publicly available?

    When they relate to Arron Bank's holding company.

    Brexit: Arron Banks firm has 'no address' - BBC News

    ...one of Mr Banks's companies has obstructed the BBC's attempt at seeing Rock Holdings' accounts - despite formally agreeing with Companies House that it would ensure the documents would be made publicly available.

    ...

    For more than a year, accountant and investigative journalist Iain Campbell has been looking into Mr Banks's financial empire, all of which is private and some is held offshore in Gibraltar and the Isle of Man. Mr Campbell noted that Rock Services has successfully qualified for a limited disclosure exemption under the Companies Act, allowing it to provide less information in its accounts. But in order to gain this exemption, it had stated in its notes that the accounts of its parent company, Rock Holdings, were "publicly available" at Catbrain Lane.

    So last month, Mr Campbell tested this out in person. He went to the Catbrain Lane base, only to be told that they were not available "that day". Since then, lawyers for Rock Services, Browne Jacobson, have written to the accountant setting out a series of restrictions on how, when and where the "publicly available" accounts could be viewed and how their contents could be recorded. Mr Campbell told Newsnight: "This is completely unacceptable."

    Newsnight made its own trip to Catbrain Lane this week but when reporter John Sweeney requested an opportunity to inspect the "publicly available" accounts of Rock Holdings, he was asked to leave and escorted out of reception. Newsnight's John Sweeney went to Catbrain Lane to inspect the "publicly available" accounts, but was asked to leave.

    Browne Jacobson later emailed the BBC with an explanation - referring to a "risk assessment" by Mr Banks's company on "safety and security" - which, in effect, denied the BBC sight of the accounts at Catbrain Lane.
    Rock Holdings also has no registered address on the IoM in breech of legislation and the company at the "holding address" used has no record and knows nothing about Rock Holdings.

    And all that is before we even get to Ural Properties and it's connections with Russian financing.

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