On Christmas Day I revealed how Quindell (QPP) CEO Rob Fielding had made £2 million for selling a worthless company established by him in December 2013 to Quindell a month later. This should have been declared as a related party deal – since Fielding is a PDMR – but it was not but was instead rolled into a £30 million deal involving convicted Nigerian fraudster Andrew O’Dua. I now have a new document which makes this look even worse – why has Fielding not been fired and the Old Bill called in?
You may remember that RTA was set up on December 2 2013 with one shareholder, Mr Robert Fielding. It was a shell company with zero assets and was thus worth £68.40 including VAT. These days it is called Quindell ACH and its Annual Return has just been filed at Companies House. And you will see that there was frenzied trading in its shares up until January 8 2014.
First up,