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Tuesday, 22 March 2011

"Tel 'boy' Le Main's Mate In A Muddle"

Developer given two weeks to prove he is not bankrupt


Frank and Sue Venton

A DEBT-ridden Jersey property developer who owes nearly £7 million has been given two weeks to get his finances in order as he tries to avoid being declared bankrupt.
Frank Venton appeared in the Royal Court yesterday facing an application on behalf of creditors to confirm him and his business as en désastre.

But Mr Venton persuaded the court that a planned property development in Alderney could help him settle his debts and was granted two weeks to prove that he could sort out his affairs.
Last year, a court case involving Mr Venton breaching the housing law saw former Housing Minister Terry Le Main forced to resign when it emerged he had written supportive letters to the court.

8 comments:

  1. About right TLM supporting a developer

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  2. Nudge,nudge,wink,wink say no more.

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  3. 'please let me have two weeks to stash away as much as I can before being declared en-desastre'!!

    Whats the betting he has a nice big house and several cars etc in his wifes name.....

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  4. How can anyone be allowed to get in so much debt?
    The working classes have the heavies banging at the door for a few hundred quid!

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  5. Serves him right! He ripped me off about 12 years ago. What goes around....

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  6. AND NOW WE HAVE THEM HERE IN ALDERNEY :( :( WALKING AROUND LIKE THERE OWN S**T DONT STINK, ITS LAUGHABLE, & NASTY PEOPLE TO BOOT! CAN JERSEY PLS TAKE THEM BACK??? LOL!!

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    Replies
    1. Good luck Alderney, I'm sure you're going to need it!!! :)

      And S**T is actually "SHIT" I love swearing dude, it shows emotion and conviction

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    2. Remember the TV programme in the 80`s.. The 6 Million Dollar? Well now we have our very own 7 Million Dollar Man!! (& Woman)... Cant help thinking, about all those Unfortunate people who lost there MONEY, Its OUTRAGEOUS!! :( :(

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