William Shakespeare’s Henry VI, Part 2, Act IV, Scene 2
We have received a letter from DAC Beachcroft Chelsea Portfolio Ltd chosen lawyers. They of course disagree with our concerns regarding money laundering. We cannot unfortunately publish it for legal reasons, as at some later date it may become part of court proceedings; which we will defend if necessary.
There are some discrepancies which need answering regarding Pensand House & Marlborough Court (pictured above)
The Times Article makes clear that Mr Abramovich (pictured right) was the owner of Valmet Nominees Ltd & Finsbury Nominees Ltd in 1996, the year of the purchase of Pensand House & Marlborough Court and 3/4 Dalby Square, Margate. The lawyers say the article correctly state the corporate structure we have set out is correct. This is not in dispute. So our understanding of the ownership issues are correct at 1996.
UK, Gibraltar, Bahamas, BVI’s Panama, Nevada (USA) and Jersey where Mr Abramovich formally has residency, a tax haven, but has never taken it up.
And who could forget Irina Korchagina, who is a the person of significant control in Tewkesbury Finance Ltd which has a subsidiary – Tewkesbury Espana SL, registered in the Malaga region and owned by Valmet Nominees Ltd. Abramovich has been linked to Spain in reports by The Guardian.
We are not saying money laundering has happened nor have we ever said that. What we are certainly saying is that when judged against Nationwide’s three step process, rightful and justifiable concerns need to be raised, especially given that so many allegations of money laundering have and continue to swirl around Mr Abramovich.
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