PracticeConsultingFormer paymaster general denies chief accountant claims of impropriety at TransTec

Former paymaster general denies chief accountant claims of impropriety at TransTec

Former paymaster general Geoffrey Robinson today denied accusations made earlier this week by TransTec's former chief accountant Max Ayriss that Robinson forced him to mislead the DTI in grants worth over £400,000.

In a statement, he said that there ‘had been no impropriety’ in the way the company applied for grants, which were available to TransTec during the 1980s to fund research and development work.

Ayriss said that although there had been no fraud involved, he had been ‘unhappy’ with the way applications were made, and when he left the company, kept papers to support his claims in case he was ever asked to explain himself.

The former chief accountant came forward because he said he was afraid of being investigated for his role in the now collapsed group which is currently being administed by Arther Andersen in the firm’s role as receiver.

Robinson also denied that he had been aware of a £12m claim lodged by Ford against the company, which led to TransTec’s downfall in December.

Former finance chief fuels flames over TransTec

Related Articles

5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

5m Alia Shoaib, Reporter
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Managing partner Q&A - the year ahead: Richard Toone, CVR Global

Accounting Firms Managing partner Q&A - the year ahead: Richard Toone, CVR Global

12m Kevin Reed, Writer
Deloitte 'self-imposes exile' on government contracts to defuse PM row

Accounting Firms Deloitte 'self-imposes exile' on government contracts to defuse PM row

12m Kevin Reed, Writer
Managing partner Q&A - the year ahead: Julie Adams, Menzies

Accounting Firms Managing partner Q&A - the year ahead: Julie Adams, Menzies

12m Kevin Reed, Writer
Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

Business Regulation Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

1y Kevin Reed, Writer
Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

Audit Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

1y Kevin Reed, Writer
New head of equity capital markets for KPMG

Accounting Firms New head of equity capital markets for KPMG

1y Stephanie Wix, Writer