SPCS

SOCIETY FOR PROMOTION OF COMMUNITY STANDARDS INC.

John Edward Clancy – commits alleged serious breaches of the Companies Act 1993

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John Edward Clancy breached section 159(1)(a) and 159(2)(d) of the Companies Act 1993 when he failed to deliver to the Registrar “within 20 working days of the change occurring“, the required Notice of Change of directors in the case of his appointments of Riani Suhandi as a director to two companies he (Clancy) directed: Renovation Masters Auckland Ltd and Future Proof Building Ltd. Furthermore, the same Consent Certificate signed on 11/06/15 by Suhani relating to Future Proof Building (Co. No. 3972918) has been uploaded by Clancy onto the Companies website and filed with documents relating to Renovation Masters Auckland (Co. No. 1868260).

For background details on this fraudulent documentation submitted by Clancy see:

https://www.spcs.org.nz/john-edward-clancy-his-resignations-and-appointment-of-riani-suhandi-as-company-director/

John Clancy

English-born John Edward Clancy heads a troubled building group in Christchurch

(Photo source: https://nz.linkedin.com/pub/john-clancy/2b/851/941 ) [Read more…]

John Clancy and Global Developments 511 Madras Street Ltd (In Liquidation)

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Global Developments 511 Madras Street Ltd (Co. No. 4910399) directed by John Edward Clancy was put into liquidation on 10 July 2015 by the Auckland High Court. The company owes the council $35,416 for a building consent and the council spent another $2000 putting the company into liquidation. The incorporation of the company on 22 January 2014 involved the submission of allegedly fraudulent documents to the Companies Office by the director John Edward Clancy via his accountant Richard Townsend Sommerville (Walker Townsend Ltd). [Note: SPCS has filed a formal complaint to the Companies Office].

See: http://www.stuff.co.nz/the-press/business/70245599/troubled-global-group-costs-christchurch-city-council-another-37000

The signatures entered on the Director’s Certificate and Shareholder’s Certificate, purporting to be that of John Clancy do not match in any way his signatures on other documents he has filed in the incorporation of a range of other companies he directs.

For example the signature he used incorporating the company Global Developments (New Zealand) Ltd (now in liquidation and renamed Derby Grey Ltd, do not match those filed for Global Developments 511 Ltd.

Examples of numerous alleged document fraud from the Companies Office website www.companies.govt.nz relating to John Edward Clancy.

John Clancy Signature Director Global Developments 511 Madras Street Ltd

John Clancy Signature Shareholder Global Ddevelopments 511 Madras Street Ltd

John Clancy Signature Shareholder Global Developments (New Zealand) Ltd

John Clancy Signature Director Global Developments (New Zealand) Ltd

See fuller documentation in earlier postings on the Society website.

https://www.spcs.org.nz/john-edward-clancy-and-his-fj40-trust/

 

John Clancy: Troubled Global group costs Christchurch City Council another $37,000

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A building group that has already cost the Christchurch City Council $166,000 owes it another $37,000.

The council last week wrote off $165,831 owed by Global Developments (New Zealand) Ltd (now in liquidation and renamed Derby Grey Ltd) for development contributions on 12 units in Worcester St, Linwood.

Housing New Zealand (HNZ) bought the units last year for $4 million.

Global Developments is part of the Global Homes Group connected to Auckland businessman John Edward Clancy.

John Clancy 

English-born John Edward Clancy heads a troubled building group in Christchurch

The council has now liquidated another company in the group. Global Developments 511 Madras Street Ltd was put into liquidation on July 10 by the High Court in Auckland

The company owes the council $35,416 for a building consent and the council spent another $2000 putting the company into liquidation………

In addition, the Companies Office has started an investigation into allegations Global company documents submitted for registration in the Companies office are incorrect.

Under the Companies Act, directors and shareholders must give their correct residential addresses for certain documents.

Clancy appears to have entered the address of his business premises as his residential address. His Auckland accountant, Richard Somerville, who is a director of a trustee company holding shares in the Global group, appears to have done the same.

Somerville said he was vacating his role with the Global group and would be approaching the Companies Office about the alleged irregularities.

Clancy could not be contacted.

A spokesman for the Companies Office said the allegations about the document irregularities made by the Society for the Promotion of Community Standards [“SPCS”] were being investigated.

“Where non-compliance is identified the Companies Office undertakes administrative action to obtain compliance,” he said.

Prosecution would be considered in exceptional cases, the spokesman said.

For full Story by reporter Martin Van Beynen. Published 16 July 2015, go to:

http://www.stuff.co.nz/the-press/business/70245599/troubled-global-group-costs-christchurch-city-council-another-37000

New Zealand Petroleum Exploration Limited: ‘defunct’ company with issues of non-compliance

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The Registries Integrity and Enforcement Team (RIET) are part of the Companies Office.  Its  role is to ensure the integrity of the registers that are administered by the Companies Office, by proactively monitoring their use.  RIET primarily acts by seeking compliance or preventing misuse but, where appropriate, it prosecutes offences on behalf of the Registrar of Companies – Mandy McDonald.

The public are encouraged to contact RIET if they become aware of company directors who are failing to comply with the law.

see: http://www.business.govt.nz/companies/about-us/enforcement/contact-registries-integrity-enforcement

To help understand the crucial role of RIET consider the following case study: [Read more…]

Should registered charities lodge complaints about fraud and non-compliance?

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Police spokesperson Jon Neilson has told The Wellingtonian (24 March) that police would investigate complaints from the public about scams, including those targeting potential donors to Christchurch earthquake appeals, if there was sufficient evidence. The Chief executive of the New Zealand Red Cross, John Ware, has been quoted as having evidence that “scammers are trying to take advantage of the public’s generosity at this devastating time”, using online scams and setting up insecure websites that illegally seek to harvest details of potential donors’ credit card and bank accounts and other personal information.

But is it legitimate for any registered charity to lodge formal complaints with enforcement agencies such as the police when evidence comes to light of possible criminal activities? How can such complaints be justified within the humanitarian, philanthropic, public service objectives of a registered charity such as NZ Red Cross or The Salvation Army for example?

Of course it is legitimate and fully justified for any charity to lodge formal complaints when evidence of scams, lack of legal compliance, money-laundering, or any criminal activity comes to light in the course of its own activities. In fact charities have a social responsibility to do so because such scams are “injurious to the public good”. The financial cost of white collar crime alone in New Zealand has been estimated to be about one billion dollars per year, according to the latest KPMG fraud barometer survey. [Read more…]