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Credit Union in administration?
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Author:  Jasbar [ Sat Feb 20, 2010 3:09 pm ]
Post subject:  Credit Union in administration?
Word on the grapevine is that CRT Secretary, in his capacity as an office bearer with the credit union, has written to members of the CC to advise them that the CC is now in level 1 administration. This true?

Given the rumours (true?) about Westminster Insurance and CRT's use of company funds to pursue an alleged personal attack on two of its office bearers, one of whom jumped ship, is there any truth in the rumour that Scott's Porage Oats is now at the top of Murray's weekly shopping list?

When is the AGM? Who has put themselves forward for re-election?

:lol:
Author:  Skull [ Sat Feb 20, 2010 8:34 pm ]
Post subject: 
Westminster Insurance loses 40K under Murray's watch, and it's all kept quiet from CRT members. Valerie Anderson, a senior controller for many years, is wrongfully dismissed and wins her employment tribunal, once again under Murray's watch and costing CRT a bundle. A legal action is then pursued against yours truly, and again Murray is pulling the strings. CRT is forced to abandon the case and accepts all legal costs. And now the Credit Union goes tits up and yet again Murray Fleming is Secretary.


Is it all just a coincidence or is there a pattern starting to take shape? :shock:
Author:  Jasbar [ Sun Feb 21, 2010 4:29 am ]
Post subject: 
Skull wrote:
Westminster Insurance loses 40K under Murray's watch, and it's all kept quiet from CRT members. Valerie Anderson, a senior controller for many years, is wrongfully dismissed and wins her employment tribunal, once again under Murray's watch and costing CRT a bundle. A legal action is then pursued against yours truly, and again Murray is pulling the strings. CRT is forced to abandon the case and accepts all legal costs. And now the Credit Union goes tits up and yet again Murray Fleming is Secretary.


Is it all just a coincidence or is there a pattern starting to take shape? :shock:


A pattern? What are they saying about Murray over on the sewing bee? :lol:
Author:  Skull [ Sun Feb 21, 2010 12:32 pm ]
Post subject: 
TC, on Fasties writes:

Quote:
The above is given without comment as I know nothing about the credit union. This hopefully clarifies the conspiracy theories put about by Garbar over on Taylor's Dark Orifice.

I have only posted information from the FSA website:



http://www.fsa.gov.uk/register/firmPerm ... ?sid=86952

If Murray, or the CRT members have any problem with my comments, then they know what to do. The courts are full of chumps looking forward to giving their money away.

Birds of a feather, Murray, Neilson and the Penguin, you've got to be kidding yourselves. . .

Everything Murray Fleming touches become tainted at some point, but will you ever learn? :D
Author:  Jasbar [ Sun Feb 21, 2010 4:49 pm ]
Post subject: 
There's no point reproducing the letter. TC has given the requirements of the FSA in the matter.

However, the tenet of the letter is that everything in the garden is rosy, all under control. How can this be. Does the FSA enter into supervision when there is nothing wrong?

Hardly.

Murray writes:-

The existing Directors of the HCTCU were invited (sic) to a meeting on Thursday 4th February. At that meeting an agreement was reached to advise the FSA that EHCTCU through lack of volunteers would not recover from the present situation and all matters should be handed over to the Financial Services Compensation scheme (FSCS).

Now doesn't this beg some questions?

1. Why was the EHCTCU served the First Supervisory Notice by the FSA. What were the c ircumstances which led to this?

2. Who called the meeting. Who "invited" the directors.

3. Who are the directors?

4. Were all the directors present?

5. What was the link with ITS?

6. Why is there a lack of "volunteers"? What efforts were made among the membership to solicit volunteers? Is this just a not very good red herring?

7. What is the "present situation" alluded to in the letter?

8. Why is it not recoverable?

9. Why is it necessary for the EHCTCU to fold and force members to seek compensation if their money, according to Murray, is "safe"?

10. What investigation is now being undertaken by the FSA?

Murray has kindly invited members to discuss the matter with him and publishes his email to allow this

murraysfleming@hotmail.com

The answers, if forthcoming, will make interesting reading.

Despite Murray's best efforts, doesn't the actions of the FSA suggest that the EHCTCU is insolvent? And with ITS going down the swanney, and Neilson apparently being difficult to get a hold of, isn't there a stench of reasonable suspicion here?

Question remains, is Murray a fit and proper person to be holding such office? Or do we now live in a society where no one is culpable?
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