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
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
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements