tv Documentary RT October 17, 2021 7:30am-8:00am EDT
me gus, only coming out of michel freedom. okay. he bought a miss a bowl said cutting me on the bus at the same me neighborhood anderson, i think with thousands of newborn babies. what toned from their mothers and given away and forced adoption? they donnelly bought about a used yell for faster than my old rover's affiliate men's it to this day mothers still search for grown children, while adults look in hope for their birth parents. mm . mm mm mm
tiny village that held out like it was just everything i can remember sitting in the house and saying, hey, i've done this to my family. they gave me my code. they gave me my credit cuz they said they would do the deal. i wanted my youngest daughter to go to theater school . all that went out the window. i got a cup of coffee, it cost me $1100000.00. the whole attitude changed from being friendly to a person in the corner, given them no options and see the boy that brings us and not that is my feelings in the clays deal by, you know,
we have contaminated was good each and also by the expense of the business it's not just businessman, it's not, it's not like guys let me in ships and shops and ties. it's people who, perhaps, as a businessman have worked really, really hard to build these businesses. some of them are 2nd support generation family businesses. so it's, it's, it's integral to their whole life. so they'll lose the business. they basically lose the family, they lose their life. corex employed 3 and
a half those employees. it provided software services and hardware to restaurants, so tail chains around the world. it was a viable, vibrant british technology company in my 1st 100 days, is the ceo doing the sort of traditional 100 day review. i find some historical accounting or errors that i thought was suspicious. so i see your, you have a duty of care to tell the banks that have been lending the business money ah, of any concerns you have. so i went to r p. s, who were the lead to bank of 5 banks that lent money to trex over the years, or they were the agent effectively and i met with them. i explained that that as a, as a non accountant, i was just concerned with historically codes. and all i want, what i wanted to do the right and proper thing to do was to bring in some specialist forensic accountants to audit and review are the past years the codes.
so i informed the bank, i told them what i was then going to do about it. they agreed to that. and i, within 24 hours of that r b, i said suddenly brought in these restructuring specialists who business didn't need restructure to refinance. or we anything there was a historical problem. ah, but within that 24 hour period, another 24 hours passed. and then i find that the business is basically being less than 2 pushed into this thing called g, l g, the global restructuring group. and when i created this repeatedly, i was repeatedly told or so restructuring unit is like an intensive care unit where we're here to help. we will support the business. we will continue to support management of the business and told us this potential issue is reviewed. and that was just a complete lie. ah,
it was a re re spray of an existing organization within our b s coolant, specialized lending services, but essentially became a vast depository for tens of thousands of business customers of yes, many of which had done absolutely nothing wrong. and many of which were credit we're the profitable and viable companies which were pushing that through matthew means. so companies were told, this was a part of the bang which was going to help nurture them back to health. it was like an accident and emergency ward of a hospital. they were informed that it was on that side. it was that to help to get them out of their problems. and then they could be put back into the normal banking relationship with their existing relation managers. but in reality it was absolutely nothing of the sort. g g was essentially more like an avatar or a slaughter house. was that to cover up the these businesses to enable us to extract the maximum amount of value possible from these po, businesses that ended up in that part of our
b s. mm oh my relationship with the bank of scotland went back to the 1900 seventy's when i started to become successful with the baby c. and i think the way that these things normally come about is your accountant says all of this, a really good bank manager and the bank manager recommends a good solicitor and that sort of thing. and i had a great relationship with the bank of scotland. that was built on trust and you trusted the bank manager because he was the person who signed your possible application. he was the pillar of the local community. i never assumed that my popularity would continue. i never assumed the bbc would keep offering the shows.
so when in the mid eighties i got the opportunity to earn some money. at one of my 1st labs which was flying helicopters, i then set up a helicopter company helicopter management. and that was the beginning of unique vh one. we moved into providing brokerage management of aircraft, including private jets, things wasn't making a fortune, but it made money. in fact, in the 80s i was probably earning a pound, doing corporate work for every pound i made with the b c. and this was the beginning of unique group at the time i just thought as we became more pressure from the bank that we were doing something wrong. in the end, i thought it was my c o,
who's been a friend of mine for 15 years. godfather, one of my daughters i, i thought it was his incompetence. i couldn't believe that we were having problems with the bank because we were not breaching covenants. we were operating always within the agreed facility. but of course now i realize we were groomed. got you these people have gotcha me. i think brought in the let the company that was a tastefully viable company that could offer them and the company would go on, it would pay back the money it was airing is interest. and then the bank would suddenly call in the land very, very short notice, and not even allow some of the companies to pay back the money which they had. they would then immediately put that in value into
a company. the value of the company is a fraction of what it was really worth. they put in their own insolvency practitioners. they would send a sold company off a fall list and it was worth, and then gave for the personal guarantees of the interest of the company. the ah who are all driven by dreamers shaped by concur some of those with
who dares sinks? we dare to ask on the 6th of the sick 2016, my children were home alone. and sudden they, they had shouting at the door. they didn't go to the door, and suddenly it got more, more aggressive, banging at the door, saying that they were bailiffs. so my daughters were absolutely petrified doctor. you would imagine. i want for the more than 2 men posing his bailiffs. cro bought the door off and just burst into the house. they then said that the children had to leave the house. they manhandled them through them into the street . we raced back to the children when we got back there, they were in a very,
very bad state. as you can imagine, crying some bones. it was just horrendous. and then there was just one man there who was the man who was crow by the door. we have video footage or pam i'm. we actually have photos of him. and i found out from the children that he was also wearing, i like waistcoat with pockets which he filled with loot. so we was calling 999 over and over and over again. we called the court, the court said that i was on the house and anyway, i would never ever do anything. they won't be allowed to do anything. so we then start to realize that there's something very, very old government you know, we show you a days. notice how you days this man then said that he wouldn't let us back in our own house. i explained, i have to say and i needed to get back into my home. i needed to go to the toilet.
he refused point blank. to allow me into my own home, i sat record, everything will have been told was complete really before. finally, when the place time, i'm not show the place the pipe. what and the police say, this is an illegal eviction needs to be allowed back into your property. when we got back into the property, we saw that they had smashed the windows behind. they had flattened the lights to hire me. as the children never got over that way, because that was the day that they took out life
day like many things in life. the truly life changing life defining unless you've experienced it, you don't fully understand it. and so observe is around the outside kind of thing. was sort of a couple of friends source she, she really try to kill yourself. so all about, you know, life's never that bad but they weren't in the quicksand. they were standing on the rocks around the pool.
i am always surprised a number of visitors. people immediately tell me about attempted suicide, nervous breakdowns. i'm. it's pretty gut point where it's just, we kind of expected very common that people's marriages have broken up. they've lost their family homes. it is spectacularly devastating for people's lives. mm. the type of fraud in this country, according to bolts with university, is around about 193000000000 a year. just staggering. this isn't just the back sort of in being involved in this is the concept. see firms, it is the lawyers. and also just the insolvency practitioners and the value of land who have quite kit and it came out from the house of commons, the base of undervalued the assets, accompanied by 50 percent. and very often this becomes very care because when
they've been taken over, they then sell the assets reply to the value demand me my name's jim mcgraw to exit daily or from santana's aboard the hotel box and 970 two's 1000 tons. it was a, basically a high t has over 10 years or so. i built up to 15 beds in the town dining room server eating. the boss had about see thing for 120 run up to 2005 decided those by my sell, by date, i don't want to though. i sold it for one and a half 1000000 to the money and gave it to the claim still blank to invest for me. when our foster choice plays deal buying,
they were very helpful. i was all for the available. and so i was and sold a t v l, a tailored business one would say that had flexibility and, and we give you any movement you wanted, you could change if you wanted there seems to be that that all that the thought it had no contingency and it was what it was, is what you got if you wanted to, to pay the one you had of the course. if you want to devote more money, you had a break cause there was nothing you could do. it was actually, it was basically a talk 61, there's a pinball known as they call them t v, l's. so it was in some respect, effectually, it wound with a variable because he had no idea what it was. and the figure would be whatever they produced, there was no way that you would be able to quantify or calculate that figure because you needed a degree in almost astrophysics. debbie,
what we do falling comes in trends and i'm off. none of us not on tape of us. we wanted to do was run my hotel. do you think it would be better to have a full scale review but sales process to ensure that actually the many customers out there who are complaining feel there is a real address. those are unforgettable of those situations. and we have to take the customer testimony and face value that something is the one that has to be fixed and and put great. i'm fascinated with your title, debbie. it looks like something created the bbc's w one a. the executive director, customer trust and confidence. yeah. why do you think your institution decided to create a particular title called executive director, customer trust and helping them?
so i think can people's already outlined that there's no, there's things that happened in the past that the bank, the grits our house fill the paperwork. so one terabyte hard drive, there's all full of banking emails on it there because who is a g o. c on the clays dealer thing the deal is with me when i was talking with we are dealing with a lot implementation. there's a lot of people i've actually gets 12345 laptops, not computer one through in the office and one down the road. i know phyllis jump,
we have had thousands of businesses coming to the m p. 's trying to deal with disputes on the back of things like r b. s is global restructuring group. and obviously the h ball threading fraud is a much more extreme example of, of this kind of misconduct. but still essentially what we've identified between all the financial institutions, where perhaps they were trying to pull and loans quite quickly in order to recapitalize the banks that conduct fell by the wayside. ah. so you push the small business over the h pushes me right to the edge, bankruptcy and i was picking myself up again. and while i'm at corporate level, they came off to me under my personal guarantee. and they took me right to the edge
of a high call action when they knew at the highest level of hbo lloyd's, they knew i was actually the victim of criminal behavior. and then you start to see that when the management, the senior management want to get heavy and get their result april in these 30 people. i would like to think the financial conduct or thought is on top of this, but they have known about this for a very long time. not much seems to be done. and i think they have slipped up badly . is the protection of whistleblowers who simply are not protected. we have new system to protect the so bless properly. and the whistleblowers be made rapidly redundant and people are very frightening. they'll verify the losing that pensions
if they go on making a fuss. r b s orchestrated to key things one my suspension ah, despite me being the whistleblower and and to the put in place that organ nominated effectively shadow directors which in itself is improper and under illegal and in not in that period. not only did the punish me for blowing the whistle to them, but i also blew the whistle to the one. the stock exchange, the city of london police, the cds fraud office because there was a counting and normally were no beginning to look as if they were potentially fraudulent and criminal. so, so i then became a protected person as a whistleblower. as days needed by the director of the cds fraud office and the
head to be candidate claims that city of london, police are based, ignored those legal protections and kept me on suspension for 4 months during which they effectively to control the business through the shadow directors they then put in their own advisors, thrown consultants, and within 4 months, ah, the put the company into administration. and then the assets trip that and sold the assets to sabri supports are fun to are notorious in new york has been the lender of last resort. and the buyer of last resort for a total price, including all advisors fees of $204400000.00 pounds. 4 months earlier i was sitting on eat offers from the the biggest technology funds in the planet. for an excess of 600000000 pounds. so the allegation is, is that between our b. s and service, they stole 400000000 in,
in making an unjust gain to the loss of my shareholders. bond told us employees and suppliers a beautiful job ocean was time on what it says. the middle of august, also a written slogan, noise in the middle. so with a 6 percent annual premium with the wound got that's 90 percent. there was your pro ruth was for what fin the but on with the filled with
united seems to them often when he's got the worst one. when luck with them. so want to show what the protocol keeps them from the, from the news, or kind of what the start of the same argument, this global olga slope to 3 years. i would say new to one wonderful, scared little squiggly uncle, which if it but our one, why do you think that us them, i mean, on i, besides in that we still live do join me every thursday on the alex salmon show, but i'll be speaking to guess in the world of politics, sport, business, i'm show business. i'll see you then. ah, there is other choices to play,
but mostly within the daniel's trulia with the basilica stores the other month, because melissa was assumable just needed to ask you about it. cuz i just food say that in then you would you that is images. it goes up. was good for supposedly gonna have my g. it's on, i would say again suspend visit is in which is print to make. i'm on my sites with your phone was out of here to get the vote. if i deal with all of your room flat some way up, all right, if you didn't leave you to the shelter worship with with,
with the 1st ever space, a film crew returns to earth. a russian movie director and an actress are back from 12 days of shooting on the international space station will bring you the moment of the landing and reactions for the historic flight in our special coverage. to be honest, i feel a little set today. such a thing happens once in a lifetime of those who, who was cool, who was like rolling costa and we were just enjoying it. and then our top stories of the week vladimir putin rejected claims that russia is weapon, ising or withholding natural gas. as europe grapples with high prices, the president also agrees to boost supplies to the you will thing the block of brought the crisis on itself.