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Posted

The former main shareholder of ?kio Bankas, Vladimir Romanov, is suspected of asset embezzlement on a large scale, writes www.alfa.lt.

 

In particular, it is suspected that Romanov could have squandered approximately 50 million LTL. If the former banker does not attend scheduled interrogations, the Lithuanian Financial Crime Investigation Service (FCIS) will be forced to ask the court to issue a European arrest warrant.

 

FCIS, which conducts the pre-trial investigation of Romanov’s case together with the General Prosecutor’s Office, expressed their suspicions on the embezzlement of 50 million LTL on 29 April, 2013.

 

Vladimir Romanov acknowledged the reception of the official statement and invitation to the first interrogation, and on 2 May, 2013, he, together with his lawyer, was supposed to attend the first interrogation session at the FCIS’ special task service. However, Vladimir Romanov on 30 April left for Moscow and did not come back to attend the interrogation. Romanov’s spokesperson informed that Romanov suffered from a heart attack in Moscow and was in hospital.

 

Lithuanian law enforcement institutions are now determined to announce international search of Vladimir Romanov, if he does not show up.

 

It is said that the controversial banker is being protected in Moscow by the people of Ramzan Kadyrov – the president of the Republic of Chechnya. The bodyguard group is said to belong to another contentious businessman of Chechen origin, Ruslan Baisarov, who used to have a certain tie with Lithuania in the past, as he was married (now divorced) to the singer Kristina Orbakait?.

Posted
BBC Scotland has learned that Hearts are unlikely to pay a £100,000 tax bill by the Tuesday deadline of 17:00 BST.

 

Failure to do so will lead to HM Revenue & Customs issuing the club with a winding up order.

 

However, Hearts remain hopeful of settling the bill for PAYE and avoiding any sanctions from the Scottish Premier League.

 

There will be a further deadline of seven days from the notice of the winding up order being made public.

 

Hearts face uncertainty with a debt of £25m - £10m of which is due to their parent company, UBIG, which is claiming insolvency, and £15m to Ukio Bankas, which has been officially declared bankrupt.

 

The Edinburgh club met a a £450,000 tax bill in December, thanks largely to the generosity of fans.

 

And they have negotiated a repayment plan for a separate tax bill of more than £1.5m following a dispute over loan deals for players, the first instalment of which has been paid.

 

The Edinburgh club avoided a potential points deduction when the SPL ruled last month that it was not satisfied UBIG had suffered an "insolvency event" during the season just gone.

 

However, if any club defaults on tax then a player registration embargo is applied until such time as the matter is resolved.

 

Yawn  ::)

Posted

Ukio Bankas administrator has no wish to 'harm' Hearts  The administrator of Hearts' main creditor, which is to be liquidated, plans to keep the Scottish Premier League club running as a going concern.

A court in Lithuania has upheld a decision to liquidate Ukio Bankas, who Hearts owe £15m.

Insolvency practitioner Gintaras Adomonis, of accountancy firm UAB Valnetas, hopes to sell the Tynecastle outfit.

    And he insists he has "no reason or desire to harm Hearts".

    "Ukio Bankas has now to deal with lots of debts and return the funds to its creditors," he explained.

    "In the ongoing processes we must at all times consider the best interest of the creditors of Ukio Bankas.

    "Heart of Midlothian Plc is one of the companies indebted to the bank. There are several possible alternatives to dealing with this case but our initial assessment indicates that most likely the most extensive return for Ukio Bankas creditors may be achieved by keeping the club operating.

    "For now we have no reason or desire to harm Hearts so our primary initiative, having solved the regulatory and other issues, is contemplated to be the sale of Hearts."

    Ukio Bankas, formerly controlled by Hearts majority shareholder Vladimir Romanov, holds 29.9% of Hearts shares while UBIG, the investment group in which Romanov still has a controlling interest, own 50%.

    Hearts also owe £10m to UBIG, who are claiming insolvency.

    Earlier this week, BBC Scotland learned Hearts had paid the majority of the £100,000 they owed HM Revenue and Customs.

 

 

erm...points deduction anyone?

SPFL get your fucking act together now

 

Posted

Disappointed they've listed the absence of The Rangers from the SPL as one of the contributory factors.  That'll be music to the ears of the happy clappers!

 

Exactly what I thought when I read it as well Kow.

 

Can just see the likes of Rankgers Media in melt down as they picture their much desired "Armageddon" becoming a stage closer in their eyes

 

Imbeciles the fucking lot of them

Posted

Apparently Danny Wilson is raging about his situation and claiming he would never have agreed to sign were it not for the assurances he claims he was given. He may however have a way out, as it appears as if he is not actually a registered Hearts player (something to do with the expiry of the loan) and therefore can supposedly cancel said contract.

 

We could do worse than have a look into this. He certainly looked the part at Der Filth as a seventeen year old breaking into the team

Posted

What a crock of shit....just reading in the Herald online that Wilson is in fact screwed and has become potentially, Hearts most valuable asset.

 

"Hearts offered a three-year contract to former Liverpool defender Danny Wilson which was agreed on May 27 but now he will become one of the most valuable assets at the club. Although Hearts are under an SPL registration embargo, no new registration was required when Wilson's loan deal became a permanent move, so he is registered and available for sale along with all the others."

Posted

What a crock of shit....just reading in the Herald online that Wilson is in fact screwed and has become potentially, Hearts most valuable asset.

 

"Hearts offered a three-year contract to former Liverpool defender Danny Wilson which was agreed on May 27 but now he will become one of the most valuable assets at the club. Although Hearts are under an SPL registration embargo, no new registration was required when Wilson's loan deal became a permanent move, so he is registered and available for sale along with all the others."

 

It may be harsh, but it serves him right. You'd have to be a right special case to think everything is going to turn out alright with that lot. Got no sympathy at all for him.

 

I'd take him though, if he can play in goals.

Posted

 

It may be harsh, but it serves him right. You'd have to be a right special case to think everything is going to turn out alright with that lot. Got no sympathy at all for him.

 

I'd take him though, if he can play in goals.

 

 

I agreed completely until the in goals part to which I agreed even more.

Posted

Yup I concur with BB and Tyrant, you can go back to the start of this thread and see it was obvious to all of us Hearts would eventually implode, given their recent history of non-payment to players, winding up orders, 'emergency' cash from fans to see the season out...only an idiot would sign for Hearts.  I never really rated him anyway tbh honest.

 

 

Fuck him and fuck them.

Posted

http://www.bbc.co.uk/sport/0/football/22902962

 

Hearts, who have put their entire squad up for sale in an attempt to stay afloat, will not be able to command a transfer fee for Danny Wilson.

 

It has emerged that the Tynecastle club are yet to register the Scotland international defender's contract with the Scottish Football Association.

 

The 21-year-old had been on loan from Liverpool but his signing on a three-year deal was announced last month.

 

However, he remains a Liverpool player until his contract ends there in July.

 

Wilson had been unveiled as Hearts's first summer signing and said he was comfortable with the assurances he had received about the financial health of the Tynecastle club.

 

But Hearts announced this week that uncertainty over the club's future has led to a serious cash-flow problem.

 

HEARTS' PRIZED ASSETS?

•Jamie MacDonald

•Jason Holt

•Andy Webster

•Ryan Stevenson

•Kevin McHattie

•Callum Paterson

•John Sutton

•Jamie Hamill

•Jamie Walker

The Scottish Premier League club are £25m in debt - £10m to parent company UBIG, which is claiming insolvency, and £15m to Ukio Bankas, which has been declared bankrupt.

 

Hearts say this has led to a shortfall in the sale of season tickets and it is believed they require more than £500,000 to keep the club running until the start of the new season.

 

That equates to the sale of 2,000 more season tickets, but Hearts also hope that selling players will eat into that amount.

 

However, they will not be able to raise any money from the sale of Wilson, who made 14 appearances in the 2012-13 season on loan and was viewed as perhaps their most valuable on-field asset.

 

Hearts need to raise money quickly to pay salaries and tax liabilities

 

 

Posted
HEARTS' PRIZED ASSETS?

•Jamie MacDonald

•Jason Holt

•Andy Webster

•Ryan Stevenson

•Kevin McHattie

•Callum Paterson

•John Sutton

•Jamie Hamill

•Jamie Walker

 

:lolabove:

 

 

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