Entrepreneur Shola Adeniran appears twice in the sad tale of Worthington (WRN) and he has hitherto been painted as one of the villains. Au contraire. As I shall demonstrate. His tale is a warning of the read fraud at the heart of this company.
Shola first crops up as being nominated by Aiden Earley and James Holmes (neither Worthington official directors) to become a trustee of the Jerome Pension fund on 22 November. He was slammed by the pensions regulator as we revealed HERE at a meeting shortly afterwards, not least for not bothering to attend. However what I now have clear evidence of is that he only failed to attend because Worthington told him NOT to attend.
Moreover he declined to take the £5,000 a month offered to be a patsy Trustee and having seen the minutes of that hearing and became aware of what was happening he resigned as a Trustee within weeks of being appointed. I have seen correspondence received by the Pensions regulator where these concerns are voiced.
Despite this
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