Proof that Albion have been deceiving shareholders for years.

Having filed my Witness Statement earlier today, and while we wait for the inevitable nonsense in their reply due in 3 weeks time....

Let me take interested readers to what the liars masquereding as Members of  Albion Capital Group llp and the Directors of the VCTs told shareholders nearly 6 years ago:

Page 35 of the Albion Enterprise accounts to 31 March 2020 right next to Albion Capital's signature.

..."we will not" hold virtual or hybrid meetings other than in exceptional circumstances

e.g. when a shareholder dares to point out fraud, bribery, false accounting and breaches of fiduciary duty so that we don't have to answer any questions.

Is there a single member of Albion or a Director of any of the VCTs who has the courage to admit, even at this late stage, that they lied to shareholders to induce them to approved a half-baked wording which they had no intention of following?

The next AGM Notice has to be published within the next 8 weeks. Will they all carry on with their lies and obfuscation? Of course they will as all they care about is fees, fees, fees and nobody ever to dare to intervene. Dare they face shareholders face-to-face,  let alone comply with the recommendations of all the FTSE 100 companies as to how to hold meetings that are legally compliant? 

Wake up Ben Larkin, Registered Solicitor and Head of a Division of Jones Day who is now the Chair of the same Albion Enterprise VCT that gave the above undertakings. (He and I have more than 30 years of history as my Witness Statements shows)

And whilst they are at it, they might care to look at how even Octopus Titan VCT deals with Retirement of Directors to comply with the binding instructions of the shareholders aka Articles of Association. Will the Directors carry on ignoring the directions given to them by the shareholders? Of course they will because that way the blatantly corrupt, dishonest and  tax evading members of Albion Capital Group llp keep control by annual threats of the risk of "no more fees" rather than "the shareholders want you for 3 years so you can oversee us". 

Methinks it is long past the time for them all to be prosecuted. We shall see.


NB. The Albion VCTs are the only VCTs to insist on entirely Virtual AGMs and the Directors are in breach of all the provisions of the Companies Act and the Articles of Association in the manner in which they hold them. 

Less than 1% of all listed companies use Virtual meetings

What are the Albion VCT Directors frightened of? Loss of Fees must rank very high up on the list as well as prosecution for a decade of breaches of the Companies Act 2006.

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