RBS now say that they had the Escrow account all along and that they were entitled to it because they decided within three weeks of the CVA that their Fixed Charge on Book Debts was not valid - they are lying, they made no such decision as they were telling everyone that fixed charges were valid (that was the purpose of the Escrow after all) and arguing in the High Court, the Court of Appeal and the House of Lords that their fixed charge on book debts was valid.

Even KPMG say RBS are lying as they had told the Registrar of Companies that the fixed charge was valid and RBS had been repaid from the proceeds of assets realised under that fixed charge.

However we all agree that the Escrow money was not paid to EDI and is nothing to do with EDI.

The Escrow could only be paid to RBS if (a) the fixed charge was not valid AND (2) there was still a shortfall to the Bank. There was no shortfall, RBS was repaid in full without needing to touch the Escrow - even KPMG have sworn that there was surplus monies after repaying RBS in full. Even RBS say they were only paid once, so where is the Escrow? Answer: in KPMG's client account under RBS control by the wilful neglect of Begbies and RBS.

So, today - for better for worse - sees a bit of Direct action to try and get RBS and KPMG to come to their senses prior to starting full legal action for recovery under the High Court writ numbered HC08C00545 issued on 27th February 2008 but not yet served.

The artwork above is now in a 7ft x 5ft vinyl banner and the flyer, which RBS tell me is libellous but which I say is 100% truthful and will vigorously defend, is being handed out at RBS branches and KPMG offices on a rolling picket basis and is available for download at http://www.box.net/shared/ezn6tu2w4g (you need to double side print and then you have 3 copies)

If you want to help, then please write or email the RBS General Counsel - Miller McLean - asking them to account for and return money you all paid over as "security" for a situation that never arose because there was more than enough money to repay RBS anyway. There were only two possible entities that could be paid under the Escrow - RBS or Just Group - but KPMG just stole all excess monies, aided and abetted by RBS and Begbies.

CVA Shareholder database

PASSWORD PROTECTED

PDF file (355 pages) of reports obtained from the link, user name and password posted on ADVFN.com to www.just-think-action.co.uk/secure/ which site is the property of, and maintained by Christopher Andrew Jones.

http://www.box.net/shared/static/gq6w65vcw8.pdf

STRICTLY CONFIDENTIAL AS MANDATED BY THE DATA PROTECTION LEGISLATION

THE UNDERLYING RECORDS ARE, ON THEIR FACE, STATED TO BE THE PROPERTY OF JUST GROUP PLC (SUBSEQUENTLY THINK ENTERTAINMENT PLC) AND NOT CHRISTOPHER ANDREW JONES OR ANY OTHER PERSON OR ENTITY.

ALL REPRODUCTION STRICTLY PROHIBITED SAVE AS PREVIOUSLY AUTHORISED IN WRITING BY THINK ENTERTAINMENT PLC

MAY 20th EDI documents

KPMG/Eversheds affidavit exhibits and skeleton argument

http://www.box.net/shared/static/6494vus8wc.pdf


Hardy's regulatory complaints

http://www.box.net/shared/static/bfd0tfjksw.pdf

Aprill 22nd 2008 - More Documents

£30,000,000 saga per JAG site

http://www.box.net/shared/static/xjtjwj400g.pdf

Companies House Mortgage files

http://www.box.net/shared/static/ksik6w9sk0.pdf


KPMG Receipts and Payments 2.52 filings for JUST GROUP plc

http://www.box.net/shared/static/evt520i04k.pdf


KPMG discharge order

http://www.box.net/shared/static/iyrs02z48w.pdf


HC08C01102
(password protected until further notice)

http://www.box.net/shared/static/4x70sdc00o.pdf

Further documents

( ** Password protected until further notice)

Think's application in the EDI matter. 27th February 2008

http://www.box.net/shared/static/q62j6gkws0.pdf

HC08C00545

http://www.box.net/shared/static/f7mr3fp45p.pdf

RBS letter dated Feb 22nd **

http://www.box.net/shared/static/obrponzc4o.pdf

Begbies Report Aug 2004

http://www.box.net/shared/static/gfexoka4os.pdf

Think Articles of Association

http://www.box.net/shared/static/ydhms8j4sg.pdf

Royal Bank of Scotland denies liability for stolen £322,000 Escrow Monies.

My email to RBS (8 January 2008) and their response (1 February 2008) are available at http://www.box.net/shared/static/ot8jq02oks.pdf
(not password protected)

RBS say they have "investigated the matter thoroughly" BUT "we have not reviewed the CVA" and "we have been informed by KPMG that the money is not missing" as "KPMG paid the £322,000 into Court."

KPMG are lying - again.

Nothing has ever been "paid into Court" - the administrators stole the money relying on the philosophy of their firm's name actually standing for:

K eep
P aying
M cLoughlin and
G raham


RBS say there is "nothing.... to suggest that the Bank was involved with dealing with the £322,000 in dispute". RBS are "dissembling" and "being economical with the truth" to put it "neutrally".


The CVA says:

“"A further £322,000 which has been raised by shareholders will be held in escrow. These funds will not be utilised until the validity of the Bank's fixed charge on book debts has been agreed.

THE CONDUCT OF THIS MATTER WILL BE DETERMINED SOLELY BY THE BANK, but will be in any event settled not more than 24 months after the approval of the Arrangement.”

IT IS MONEY YOU RAISED TO BE HELD IN TRUST BY RBS, KPMG and was to be "supervised" by BEGBIES for specific purposes under a declaration of trust.

METHINKS IT IS UNARGUABLE THAT: (i) GROSS NEGLIGENCE (ii) COVER-UP and (iii) "SNOUTS IN TROUGH" ALL ROUND.

Details of Slough County Court hearing

http://chrisjones40k.blogspot.com/