TransTec’s ex finance head faces jail

TransTec's ex finance head faces jail

The former FD of a company set up by Labour MP Geoffrey Robinson faces jail for fraud

Bill Jeffrey, the former FD of TransTec, the specialist engineering group set
up by Labour MP Geoffrey Robinson, is facing a seven-year jail term after
pleading guilty to fraud.

Jeffrey, who was TransTec’s FD when the company collapsed in 1999 under a
£100m debt burden, will be sentenced at Birmingham Crown Court tomorrow, The
Times reports.

Jeffrey pleaded guilty to seven counts of fraud after being accused of hiding
a £11m black hole in the company’s accounts. TransTec’s former chief executive,
Richard Carr, was also accused of fraud but pleaded not guilty and was acquitted
last week.

Related Articles

M&S business rate liabilities based on £570m rateable value

Company News M&S business rate liabilities based on £570m rateable value

5m Emma Smith, Managing Editor
BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

9m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

1y Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

1y Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

1y Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

1y Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

1y Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

1y Emma Smith, Managing Editor