By Tom Winnifrith | Wednesday 9 May 2018
Oh dear, even by the standards of Julie Meyer MBE this is prize bullshit from the fake news department . She has today announced that having invested more than 1 million Euro in Malta ( my arse she has) she is quitting the island. Naturally everyone else is to blame. Ms Meyer states that:
While always having acted with probity and good intentions, our efforts have been frustrated by a number of factors, to include the lack of approval of any of the following by the Malta jurisdiction and its authorities:
- The registration of our share capital at the Registrar over the course of more than one year
- The change of our serviced office address
- The approval of auditors
- The approval of officers of the firm
We cannot continue to operate in the jurisdiction due to the lack of a basic level of engagement and clear communication as to why any of these reasonable requests would not be approved. Our experience resolving what should be routine matters has delayed our execution.
Our shareholders and management team will continue to pursue the strategy that we have developed to be the investment firm that takes Platforms into Venture Capital albeit elsewhere.
So this is nothing to do with a Maltese Court slamming her lawyer at Farrer & Co for "illegal" interventions in a court case where Meyer faces criminal charges, which she refused to attend? Papers on that matter went to the Maltese President today as you can see HERE.
And it has nothing to do with the fact that the Maltese Regulator, the MFSA, is believed to be considering removing Ariadne's regulatory clearance to operate in the island, and via passporting, in the rest of the EU including Britain. I have pushed the MSFA to make a statement on this matter but as yet failed to get an official comment.
Of course it is nothing to do with these matters but it is just the ffing Maltese stopping Julie from creating value for all. Cretins. One wonders how thousands of other financial services firms struggle to operate on the small island but they do. Anyhow ffing Maltesers what bastards they are from stopping Julie Meyer from earning an honest crust. Bastards. Don't they know that she has a letter from the Queen about her MBE and an MBA from INSEAD. What total bastards these Maltesers are.
Just one question for Julie and her lawyers at Farrer who now appear as contacts on the press releases. If Ariadne cannot continue to operate" in Malta under what regulatory permissions will it manage the lacklustre ACE fund? Over to you Julian Pike at Farrer & Co.