Ghost of Christmas Future?
ON BY MARIANNEWILDART IN COAL, GDF, WEST CUMBRIAN MINING, WOODHOUSE COLLIERY
Ghost of Christmas Yet to Come?
While West Cumbria Mining has bigged up its business credentials to the general public and starry eyed politicians, creative accounting means that the“generational opportunity” that will help the area “prosper both nationally and internationally”. is classed as a “small business.” Small businesses can use exemption clauses so they do not need to file full company accounts. Not all small businesses use this exemption but WCM has chosen to. This is despite spending what must be £millions on Public Relations alone. At the County Council planning meeting back in March 2019, political lobbyist Tony Lodge boasted that on behalf of WCM he had successfully lobbied high profile government ministers and local politicians. No doubt the wheels were somewhat greased by the large donations made to the Conservative party by PR company New Century Media for whom Tony Lodge is Director of Political Communications
Mark Jenkinson’s (MP for Workington) article “The Case for Coal” first published in Conservative Home looks very much like the articles West Cumbria Mining’s political advisor Tony Lodge has written. All of these articles extoll the “green” credentials of metallurgical (coking) coal and are disingenuous not least by missing the point that not all coking coal is equal, not all is fit for making steel. Especially not coal with high sulphur and ash content such as would come out of WCM’s planned mine near Sellafield.
There is a question mark over where the initial cash injection for West Cumbria Mining has come from. We know it has come via EMR Capital but from who, from where? Although the public are not privvy to where the initial cash injection of millions came from, the paperwork has already been put into place by WCM to ensure that when it all goes pear shaped WCM’s land and assets go to EMR Capital who are acting on behalf of other parties. EMR identify themselves as the Security Trustee which means they are acting for someone else. We would dearly like to know who but, of course, it is deliberately hidden from view by EMR.
West Cumbria Mining executives must love a good party as the important documents detailing how assets would be protected from creditors are witnessed by one Bradley Herd – occupation – “Bartender”
24 Nov 2020 | Registration of charge 071433980002, |
the document can be found here https://find-and-update.company-information.service.gov.uk/company/07143398/filing-history
This document means that creditors, the businesses who supply WCM may find that when the coal mine goes pop (to resurface Phoenix like into another more lucrative incarnation?), that their money has gone off for Christmas to the Cayman Islands protected account of EMR Capital. Likewise the former Haig Museum which was refurbished with £millions of Heritage Lottery Money and other monies from the public purse would be owned by some person/s unknown hidden in a Cayman Islands account (there must be a story to tell about how the incredible and socially important Haig Mining Museum mysteriously lost the will to live and was handed over lock stock and barrel to West Cumbria Mining?)
Its no secret that mine companies use administration or bankruptcy laws to avoid paying out on health damage, remediation or just to consolidate their assets and the CEO of West Cumbria Mining has a track record of using administration. As CEO of geotechnical company Itsmoil based in Uckfield, Sussex, Mark Kirkbride oversaw administration which was used to “give protection from creditors.” It’s not illegal if you have the right advice from the right lawyers but it is unethical. The public and those promoting West Cumbria Mining should be aware of this Ghost of Christmas Future. It is an inevitability if this mine goes ahead that assets will be “protected from creditors”. Those opposing the mine have been told to “get a conscience” and that the best ever Christmas present ever for Cumbria is a new deep coal mine under the Irish Sea near Sellafield.
Bah Humbug.
- article from December 16th 2020 written by Marianne Birkby