Email from Shona Manson

Dear Ms McNeill,

There is little I can add to our previous exchanges.

I am aware that your organisation is representing a number of individuals who believe that the courts should not have made bankruptcy orders against them. The correct way in which to deal with those issues is by way of appeal to a higher court.

I am also aware of issues raised by those individuals concerning the appointment of insolvency practitioners as trustees of their bankruptcy estates. The function of a trustee in bankruptcy, as set out in the insolvency legislation, is to get in, realise and distribute the bankrupt’s estate in accordance with the legislation. In doing so it is the duty of the insolvency practitioner to use his or her professional and commercial judgment to maximise the realisation of assets for the benefit of creditors. The insolvency practitioner acts under the supervision of the court, it is generally open to creditors, and debtors, to bring matters before the court where they believe their interests are being unfairly harmed.

If you consider the individuals you represent have been failed by the judicial system then this is a matter you should raise with the Ministry of Justice.

Every person who acts as an insolvency practitioner must be authorised to do so: either directly by the Secretary of State or by one of a number of Recognised Professional Bodies. The existence of a proper complaints procedure was one of the factors taken into account when the bodies were initially recognised to authorise practitioners, it is open to any party who is dissatisfied with the professional conduct of an insolvency practitioner to raise their concerns with the practitioner’s authorising body. If a complaint is made, the authorising body will consider whether professional misconduct has occurred, and whether sanctions should be applied.

The fees chargeable to a bankruptcy estate are set by Parliament. The remuneration of a trustee is largely dependent on the amount of work to be done in properly administering the proceedings. In large and complex cases, the work necessary to fulfil the trustees duties will be considerably greater and expenses correspondingly higher. Under the provisions of the current insolvency legislation, it is for the creditors’ committee (a representative body of the creditors) or the creditors in general meeting to approve the basis and level of remuneration. If you wish more information on the appointment, functions, powers and payment of trustees in bankruptcy, I would refer you to The Service’s publication “Trustees and Liquidators in Bankruptcies and Compulsory Liquidations” which is available from our website www.insolvency.gov.uk. Additional guidance on the remuneration of insolvency office holders can be found in Statement of Insolvency Practice 9 which is available from the web-site of the Association of Business Recover Professionals www.r3.org.uk.

The Office of Fair Trading (OFT) has recently published a study into the corporate insolvency market.  The study looked into the structure of the market and any features in the market which could result in harm, such as higher fees or lower recovery rates for certain groups of creditors.  The study is available at the following link: http://www.oft.gov.uk/shared_oft/reports/Insolvency/oft1245. The Government intends to publish a response to the OFT study during October, which will be placed on The Insolvency Service website.

As I understand money laundering this is the exchange of money or assets obtained criminally for money or other assets that are ‘clean’. I can see nothing in the proper administration of a bankruptcy estate, where a trustee realises the assets of the bankrupt which the legislation states form the bankruptcy estate and distributes funds to creditors, which constitutes money laundering. I would ask you to refrain from implying that I am committing criminal offences without providing any evidence to support your accusations. Had I any evidence within my direct knowledge which indicated a criminal act I would report this appropriately.

However, if you hold any evidence of any criminal activity then this is a matter you should report to the Police. Alternatively you may wish to contact the UK Financial Intelligence Unit of the Serious Organised Crime Unit with a view to submitting a Suspicious Activity Report. Further details are available from the web-site www.soca.gov.uk

Yours sincerely,

Shona Manson

Yes, the law can be an ass

Yes, the law can be an ass

A good book review by John Silvester and Andrew Rule The Age September 18, 2010

Author Evan WhittonPassing judgment: After 30 years covering crime, corruption and courts, Evan Whitton has delivered some damning verdicts. Photo: Jim Rice

IT is an often-repeated truth that journalists sit somewhere between dung beetles and vampire bats in the pecking order of life.

Cynical old hacks on travel junkets will write that a fly-blown hotel in Bongo Congo is the new honeymoon hotspot in exchange for beer nuts and access to an airline executive lounge.

Continue reading

Kleptocracy (rule by thieves)

It’s not just me who learned from victims of financial exploitation and legal oppression and therefore understands the term ‘kleptocracy‘.

Our Corrupt Legal SystemThere’s also an interesting book: Our Corrupt Legal System [Except Rich Criminals] and there are those people who write Wikipedia definitions.

Correspondence with Shona Manson, Insolvency Service

“We are alright. We do not accept what you are saying, let alone responsibility. We are doing the correct things. ”

This is the essence what Shona Manson wrote. Our email exchange is here.

Legal is not LAWful

The People’s United Community is a remarkable website with forum that is also behind five videos on which John Harris explains the different levels of law that are being applied.

They have a remarkable Hall of Shame which include CCJs on banks and companies like the Ministry of Justice!

More about John videos on my other victim related blog here.

Problems faced by the Criminal Justice System in addressing Fraud committed by multinational Corporations

This article appeared in the Internet Journal of Criminology in 2006.

It is a dissertation that examines Multinationals such as Enron and Worldcom as samples of fraud that eclipse every other form of crime in terms of money drained from and harm done to national economies – except for National Debts – the ultimate lie or con to ‘sell’ credit as ‘money’ by using big sums for small elites…

And remember the difference between FINANCIAL multinationals and others…

Demystifying money with references to the Bank of England

This 39-page document is a list of good questions and a treasure trove of quotations relating to the capitalist debt-based system that rules the world today.

Critique of the Insolvency Service

After having received this answer from Shona Manson on behalf of Dr. Vincent Cable, the following communications ensued:

  1. an email to Shona Manson from Liz Watson
  2. a letter to her from Paul Talbot-Jenkins
  3. a letter from Paul Talbot-Jenkins to Dr. Cable
  4. a letter from me to Dr. Cable.

Emailing MPs who signed EDM 516

Yesterday I worked on the data base of MPs who are potentially supportive for victims of financial exploitation or legal oppression.

As a result, I emailed all 16 MPs who signed Early Day Motion 516 entitled Reporting of Fraud. Besides congratulating them, I asked them whether they’d be willing to join an All Party Parliamentary Group of Fairness to match our Foundation for Fairness that we’re setting up.

First it is difficult to report a fraud. Then it is difficult to pursue a course of action. And finally it is impossible to get justice. That’s the only conclusion I can come to after my many communications with “star” and “veteran victims”. One horrible story after another.

How on earth can those people sleep at night, I wonder? Do they have a switch for turning their conscience OFF or is it never turned ON in the first place?

Well, there is a German poem that I always liked: a father who asks his son to take muster his strengths, his pleasures and his pains, for they want to touch the heart of stone of the king…

So we need the experience of pain, if we want to touch another non-feeling heart.

The Insolvency Service responds on behalf of Vince Cable

Writing letters on behalf of an organisation tends to have more impact, for as an individual we are nobody in our “no logo culture”…

To enter into a process of communication with official bodies on behalf of groups of victims is a new co-creative art form. We better become good at it, as good as possibly possible! For one of the global elite leaders decries the “global political awakening” that we are part of. That’s one of our chances! A ‘kink’ in the firewalls around the establishment with its rule of money…

So we started with Dr. Vincent Cable on behalf of