From the Mail:
When Nigel's golden touch let him down
The MEP, whose previous career was in the City as a trader of commodities such as tin and cocoa, has run into trouble with a company called Farage Ltd.
Six weeks before the Revenue lodged a High Court petition to wind up the firm, Mr Farage resigned as company secretary.
Not such a Midas touch: MEP Nigel Farage, whose previous career was in the City as a trader of commodities such as tin and cocoa, has run into trouble with a company called Farage Ltd
His son, Andrew, remains the sole director of the business, which is the subject of a ‘voluntary order’, which is one step from bankruptcy.
The company has liabilities of £135,677 and the taxman is the biggest creditor. It has also failed to file its annual return and accounts on time, which will lead to automatic financial penalties of thousands of pounds.
In his party’s recent by-election address in Eastleigh, Farage explained that UKIP wanted to ‘reduce everyone’s taxes, reintroduce free student grants, increase the size of the military and the police, put more people in prison, and enhance pensions’.
Such policies would cost the State a handsome sum and UKIP’s promises are unrealistic at the best of times — but they depend on all companies paying their taxes.
Read more: http://www.dailymail.co.uk/debate/article-2291210/When-Ukip-leader-Nigel-Farages-golden-touch-let-down.html#ixzz2NYhj7VOz
Hi,
ReplyDeletedo note Andrew Farage is Nigel's brother and NOT one of his two sons - Sam & Thomas who were as I recall born in 1989 & 1991 respectively - sons of his first wife.
Note:
Nigel Farage worked at Drexal Burnham and Lambert LEFT 2004.11.08 (shortly before a court action which as I recall put numerous senior staffers in prison BUT check financial press!)
COMPANY ADDRESS of FARAGE Ltd. was 57A BROADWAY, LEIGH ON SEA, ESSEX SS9 1PE
Nigel Farage's BROTHER: Andrew Robert Guy Farage of 249 Poverest Road, Petts Wood, Kent, BR5 1RD Date Of Birth 08-06-1966 was Nigel Farage's co director.
Farage Family Educational Trust-1654 is a separate entity under which NF banked a single cheque on one occasion for, as I recall, £1/4 Million in an off shore account in the Isle of Man!
There are several failed companies that have been wound up in Farage's past and others still trading but seemingly not declared in his declaration of interests at EU.
Regards,
Greg_L-W.
Would that be the same Greg_L-W that covered himself in glory on the Holly Greig case?
ReplyDeletehttp://holliedemandsjustice-robertgreensblog.blogspot.co.uk/2011/08/just-who-is-greg-lance-watkins.html