SteveC 150 Posted January 17, 2014 Share Posted January 17, 2014 {re board taking wage cuts} They might have no choice if they're going to be asking other staff to take cuts. But if they said they were taking a 15% cut, who'd believe them? the could show "proof" they had while making up the difference by increasing their normal robbing and share scams. Their utter disregard for how they come across is shown in that they haven't even bothered with this kind of pretence. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted January 17, 2014 Share Posted January 17, 2014 Well accounted for like the wonga loan from Richard Hughes that made him 50 grand a week in interest over 9 weeks which we'd never have heard about if board meeting minutes from October 2012 hadn't been leaked? If memory serves me I think it was £50,000 in total on a £200,000 loan rather than £50,000 a week; but daylight robbery nonetheless. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted January 17, 2014 Share Posted January 17, 2014 Ah! You beat me to it gunslinger. even in the bits that are well accounted for millions has been misappropriated. never mind what we don't know. 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted January 17, 2014 Share Posted January 17, 2014 Excessive amounts never denied that 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted January 17, 2014 Share Posted January 17, 2014 If memory serves me I think it was £50,000 in total on a £200,000 loan rather than £50,000 a week; but daylight robbery nonetheless. that was ahmeds 50 k arrangement fee. hughes was 50 k a week. 450k interest on a 9 week loan of 500k. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted January 17, 2014 Share Posted January 17, 2014 ahmeds was even worse. he loaned us 200k for 3 days and got back. 228k and 2.2 million shares. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted January 17, 2014 Share Posted January 17, 2014 If memory serves me I think it was £50,000 in total on a £200,000 loan rather than £50,000 a week; but daylight robbery nonetheless. As gunslinger said, that's the Ahmad loan you're think of. See board meeting minutes page 5 below. The Zeus Capital/Richard Hughes loan was detailed on page 6 of the leaked board meeting minutes from October 2012 as being a £590k loan with an arrangement fee of £50k per week. See pages 5 and 6 below... 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted January 17, 2014 Share Posted January 17, 2014 that was ahmeds 50 k arrangement fee. hughes was 50 k a week. 450k interest on a 9 week loan of 500k. Can anyone work out the APR on that. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted January 17, 2014 Share Posted January 17, 2014 ahmeds was even worse. he loaned us 200k for 3 days and got back. 228k and 2.2 million shares. or the APR on that! 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted January 17, 2014 Share Posted January 17, 2014 As gunslinger said, that's the Ahmad loan you're think of. See board meeting minutes page 5 below. The Zeus Capital/Richard Hughes loan was detailed on page 6 of the leaked board meeting minutes from October 2012 as being a £590k loan with an arrangement fee of £50k per week. See pages 5 and 6 below... I stand corrected and as stated earlier glad you're around to keep me on the straight and narrow. 0 Quote Link to post Share on other sites More sharing options...
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