”What Company House does have, however, are the records of Monticello PLC, a short lived company of which Rudd was a Director. It attracted many hundreds of investors who put money in, despite never appearing actually to do anything except pay its directors – presumably including Rudd. Trawling through its documents at Companies House, I find it difficult to conclude that it was ever anything other than a share ramping scheme designed to rip off its investors. After just over a year of existence it went bankrupt with over £1.2 million of debts and no important assets. I should be very interested if anybody can go through those records and come up with any different conclusion to mine.
Interestingly Amber Rudd’s father Tony, who died this week, had been debarred as a company director after being found to have asset stripped another investor vehicle, Greenbank Trust, and misused its assets to personal benefit. As with Emma Barnett, we again come across a wealthy Tory whose privileged upbringing was financed by the criminal behaviour of the wealthy.”
Thanks to NLAT for the link.