The finances of sleazy Tim Yeo are already known to be utterly ropey so how long will it be before he is forced to dump his remaining shares in Powerhouse Energy (PHE) the ramp where he was resigned as chairman this summer after being branded as a liar who breached his fiduciary duty by a High Court judge. It gets worse as you can see in the costs order below.
Just in case you were in any doubt as to what a dishonest and untruthful piece of shit former Tory MP Tim Yeo of sleaze infamy is and always has been, here is the judgement in full. To spare you reading the whole thing, I offer you a few gems on what the judge says about Yeo as a witness:
Fresh from its less than flattering role in the Tim Yeo/TMO Renewables trial, Andrew Monk’s VSA Resources has today announced its intention to float on the Aquis lobster pot which Monkey laughably predicts will be Europe’s Nasdaq. You may be tempted because the last accounts show that VSA had a cracking year to March 31 2021. But hang on? Wasn’t VSA once on AIM?
Maybe, under mounting pressure from myself and others, the regulators have finally forced the hand of Powerhouse Energy (PHE) because at 3.11 PM yesterday it was announced that its chairman, sleazy ex Tory MP Tim Yeo, had “been resigned”. The statement issued was, needless to say, a lie.
Peter Brailey has the scoop on all the nationals. Ex Tory Minister sleazy Tim Yeo has been accused by a judge of lying under oath as he was found guilty of failing to appropriately discharge his fiduciary duties and now bankrupt TMO Renewables.
I wrote in March about Powerhouse Energy (PHE) Chairman Tim Yeo being in court to answer claims related to TMO Renewables Ltd. Not only has he been found guilty of failing to appropriately discharge his fiduciary duties, he was also found by the Judge to have been telling a series of Porkies. With the Judgement handed down on the 20th July how on earth can he remain the Executive Chairman of an AIM listed company or indeed the Director of any listed company?
Sometimes I scratch an itch and the developing sore just gets bigger, but I cannot stop. And so it is with Powerhouse Energy and Companies House. So much public domain information with interrelated threads to explore and cogitate. Having found the outstanding mortgage provided to Mr Tim Yeo from Mr Ben White a few days ago, I found myself drawn to looking at another of Mr Yeo’s former companies – TMO Renewables Ltd.
The Sunday Times reveals that slimeball ex Tory MP Sir Tim Yeo and four other former directors of now bankrupt AIM duffer TMO Renewabales face a £20 million court claim from administrators Duff & Phelps. I do hope that Tory Toff Sir Henry Bellingham MP of 3DM infamy and Nick "Not for the Many but for the" Trew of Pathfinder Minerals (PFP) read the piece.