Posts Tagged ‘Prem Sikka’

Left-Labour Online Meeting on Monday

November 19, 2022

Those good peeps at the Labour Assembly Against Austerity are holding another online meeting this coming Monday with the title ‘Tax the Rich’. Here’s the notice

Speakers so far include: 

  • Richard Burgon MP
  • Zarah Sultana MP
  • Prem Sikka, leading tax expert
  • Özlem Onaran. Professor of Economics, University of Greenwich
  • Fran Heathcote, PCS President

Register your place for the online seminar here

Taking place on Monday November 21st, 7pm, this is part of a regular series of policy events organised by the Socialist Campaign Group of Labour MPs in partnership with the Labour Assembly Against Austerity & Momentum.

Why Is Branson’s Healthcare Company Massively Profitable, But Pays No Corporation Tax

January 28, 2020

Mike yesterday put up a piece reporting that Virgin Healthcare has won £2 billion worth of NHS and local authority contracts, but hasn’t paid any corporation tax. The company has claimed that it has racked up losses since it was founded in 2010. Mike said that it didn’t make sense for him for a company to win such contracts with the promise that it would fulfill them in budget and making a tidy profit for itself. He thought someone was being shortchanged, and if he was in a hospital run by Branson’s wretched firm, he’d work out who they were shortchanging in a very short order.

See:  https://voxpoliticalonline.com/2020/01/27/virgin-healthcare-has-won-2-billion-in-nhs-contracts-and-paid-no-tax-why/

The snippet from the Mirror article Mike’s report refers to quotes health campaigner Dr. John Lister, who called the company ‘parasitic’ for this. And his right. Branson is a parasite, who’s had his scolex in the guts of the British state and NHS for a very long time. He was chums with John Major’s government, and when that fell switched sides to supporting Blair. Among other services, Virgin Healthcare runs some of the polyclinics or health centres Blair set up.

Mike wondered if Branson’s firm was able to dodge paying tax through creative accounting. And he’s right about this, as well. The Canary’s Emily Apple also wrote a piece about this story. She also quoted the Mirror’s article, which reported that Branson’s firm had a turnover of £248.8 million last year, making a cool profit of £503,000. But this was wiped out by losses elsewhere in the group, so that Beardie’s firm didn’t have to pay cough up £96,000 in corporation tax. Oh yes, and you won’t be surprised to learn that its registered in the Virgin Islands, where Branson has his home. A notorious tax haven.

Dr Lister (any relation to the man who discovered antiseptic?) called Virgin Healthcare parasitic because, fragmenting services and poaching NHS-trained staff and undermining nearby NHS trusts, and not paying corporation tax, it only took from the state and added nothing of value.

Branson’s firm was criticised by former leader of the Green Party, Natalie Bennett, and Labour leadership candidate Keir Starmer. Prem Sikka tweeted that this wasn’t the only company Beardie owned that was trying to get more state money. So was the airline Flybe, which Beardie has a 30 per cent stake in. However, it can’t offer collateral as billionaire investors already hold charges over many of its assets. He summed this up as the wealthy elite continuing to pick everyone else’s pockets.

Devutopia also remarked that Branson’s firm wasn’t the only one profiting from the NHS. Linking to a story published last year by the Mirror, that noted 10 connections between them and the NHS, he stated that the Tories had also been using the health service as their cash cow. He wondered when the Beeb and Sky were going to notice this.

Apple concluded:

Between these deals and whatever deals Johnson ends up concocting with Donald Trump, our NHS needs us more than ever. It’s already being sold off piece by piece with parasites like Branson feeding on every bit he can get his sticky fingers into. We need to wake up. This is happening now. And if we don’t act now, it’ll be too late, and what’s left of our NHS will be auctioned off to the highest bidder.

See: https://www.thecanary.co/trending/2020/01/27/richard-branson-didnt-need-a-trade-deal-to-royally-screw-over-the-nhs/

Absolutely. The NHS needs protecting from parasites like Branson and the Tories. We need to wake up, and take action – NOW!

From 2011: Information Tribunal Casts Doubt on Suitability of Infrormation Commissioner after BCCI Cover-Up

April 8, 2014

In their issue for the 30th September-13th October 2011, Private Eye also had an article on the questions raised about the performance of the Information Commissioner, Christopher Graham, after he sided with the government in refusing to disclose information about some of the people involved in the BCCI scandal. That was the bank, which was at the centre of a massive web of corruption and whose collapse in the 1980s caused a huge scandal. It was so corrupt, that it was at one point nicknamed The Bank of Crooks and Conmen International. The articles runs:

Freedom of Information

FoI-led Again

A recent decision by the Information Tribunal, which forced the Treasury to hand over previously concealed details of a 20-year-old report into the BCCI banking scandal, code-named Sandstorm, raises serious questions over whether the current Information Commissioner, Christopher Graham, is the man for the job.

Two years ago he had to rule on the Treasury’s non-disclosure of material including the names of people running the fraudulent bank and organisations propping it up. Its stance was based largely on the unlikely grounds that divulging the names would harm international relations or that the names constituted personal data (which can still be disclosed in the public interest).

Among the names concealed as “personal data” were BCCI founder Agha Asan Abedi, the Abu Dhabi Investment Authority, Royal Bank of Scotland and an entire country in the government of Cameroon. Amazingly graham agreed completely with the Sir Humphreys (who also happen to hold his purse strings). But when lefty accountant Professor Prem Sikka from Essex university challenged his decision and took it to the Information Tribunal, it was dismissed out of hand.

“we were surprised to see that the Treasury sought to extend the protection of the data protection principles,” said the tribunal judges, “to information about some individuals who exercised ultimate control over the whole of BCCI’s operations and were the architects of a group-wide programme of fraud and concealment.”

When it came to countries and companies, the Treasury had made the most basic error of treating their names as “personal”. The judges must have been even more surprised to find that an Information Commissioner who is supposed to understand the subject endorse this., On the concealment of Abedi’s name, they concluded with some understatement: “the legitimate interest of the public …justifies disclosure of the identity of the man in overall charge …”

Mike and a number of other bloggers have had their attempts to obtain the true figures of the numbers of people, who have died after being assessed as fit for work under the Freedom of Information Act, turned down. Mike himself was told by the Information Commissioner that his request was ‘vexatious’ by the Information Commissioner after he challenged the decision. This case, unfortunately, shows that Mike and the others are not alone in having their requests turned down under what may be considered highly questionable grounds. Mike’s case is due to go before the Information Tribunal, and I hope they will decide in favour of Mike and the other people wishing to obtain the information. THi

Private Eye Questions on the Competence and Integrity of Information Minister over FOI Inquiry About BCCI

July 20, 2013

As I’ve covered before, a number of bloggers, including my brother, over at Vox Political, have had their Freedom of Information Act request for details of the numbers of deaths from Atos assessments turned down. The spurious reasons for their refusal was that such requests constituted ‘harassment’. Private Eye have also raised questions about the suitability of Christopher Graham, the Information Commissioner, for his refusal to disclose 20-year old details about the BCCI scandal at the behest of the Treasury.

The Bank of Credit and Commerce International, or as it was known after the scandal, the Banks of Crooks and Cocaine International, collapsed in the 1980s, leaving a very nasty mess. The Treasury compiled a report on the scandal, Sandstorm, which was the subject of a FOI request. The Treasury turned the request down, and the case went to the Graham as the Information Commissioner, who supported the Treasury. Private Eye published an article on this story in their 30th September-13 October issue. Entitled ‘Freedom of Information: FOI-led Again’. The story ran

‘A recent decision by the Information Tribunal, which forced the Treasure to hand over previously concealed details of a 20-year-old report into the BCCI banking scandal, code-named Sandstorm, raises serious questions over whether the current Information Commissioner, Christopher Graham, is the man for the job.

Two years ago he had to rule on the Treasury’s non-disclosure of material including the names of people running the fraudulent bank and organisations propping it up. Its stance was based largely on the unlikely grounds that divulging the names would harm international relations or that the names constituted personal data (which can still be disclosed in the public interest).

Among the names concealed as “personal data” were BCCI founder Agha Asan Abedi, the Abu Dhabi Investment Authority, Royal Bank of Scotland and an entire country in the government of Cameroon. Amazingly Graham agreed completely with the Sir Humphreys (who also happen to hold his purse strings). But when lefty accountant Professor Prem Sikka from Essex university challenged his decision and took it to the Information Tribunal, it was dismissed out of hand.

“We were surprised to see that the Treasury sought to extend the protection of the data protection principles”, said the tribunal judges, “to information about some individuals who exercised ultimate control over the whole of BCCI’s operations and were the architects of a group-wide programme of fraud and concealment.”

When it cam to countries and companies, the Treasury had made the most basic error of treating their names as “personal”. The judges must have been even more surprised to find that an Information Commissioner who is supposed to understand the subject endorsed this. On the concealment of Abedi’s name, they concluded with some understatement: ” the legitimate interest of the public … justifies disclosure of the identity of the man in overall charge…”

It thus would appear the Information Commissioner and his office have bee all too eager to protect the rich, unscrupulous and corrupt against reasonable requests for information. This, and the latest refusals to answer questions about the death toll from Atos’ cessation of benefit payments, suggests that Graham is definitely not suitable for the job and cannot be trusted to protect the public interest against abuse.