BNP have gone bankrupt?

[firky]

Rumour going around since this morning about it on various places... Hope it's true!

[Rekah]

[ashley]

FINGERS FUCKING CROSSED!

[firky]

http://1millionunited.org/blogs/blog/20 ... istration/

Breaking news just reaching us; a rumour is circulating on various anti-fascist forums online that the British National Party has gone into receivership after a post on Eddy Butler’s blog claimed that a Croydon firm have been called in to handle the situation.

The blog post from Butler is thus:

Nick Griffin successfully corrupted the democratic process within the BNP and has avoided the dreaded prospect of a constitutional leadership challenge this year.

He derailed the nomination process and turned it in to what he mistakenly believes is a vote of confidence in his degenerate regime.

He did this by sending out his fatuous nomination sheet which exhorted the unknowing membership to sign to say they were content with him staying as chairman. Like a tin pot dictator, his was the only name listed. Opponents of his misrule were banned from contacting local members to put across an alternative viewpoint. Anyone who transgressed his dictatorial decrees found themselves suspended.

As anyone who knows how direct mail responses work will be able to tell you (e.g. Nick Griffin’s personal business partner Jim Dowson) most of the corrupt yellow nomination forms will have been returned in the first week, when the vast bulk of the potential nominees were totally unaware that anything was amiss or that there was a challenge in the offing.

This may sound harsh, but when you strip away the flannel this is exactly what happened.

During a slightly acrimonious discussion after the result was declared, Nick Griffin stated that:

• the financial situation in the party is a bit concerning but that it is no worse than that found in any other political party in western Europe.

• because he has successfully subverted the democratic process within the BNP then he should be supported and everyone should shut up and let him destroy what is left of our party.

• constitutional provisions for leadership contests are not strict enough and that the number of signatures required should be increased to 25% and that his rule should be enshrined for four or five years – in other words there should only be a leadership election every four or five years. His ‘Deadline 2014’ just disappeared over the horizon.

It was also abundantly clear that Nick Griffin didn’t understand that as he had corrupted the constitutional democratic process to avoid a leadership election, he is in no position to expect people who have raised legitimate concerns about the way he is managing the party to keep quiet.
If he believed that things would suddenly be alright for him then he has lost his grip on reality.

I am aware from a variety of sources that a whole range of new and detailed revelations will be made public soon. There is a big list of people who have information about the inner workings of Nick Griffin’s regime who now wish to have their say. This is not my doing. It is inevitable; it is what happens when there is no legitimate outlet. No way for people to have their case heard. It is what happens when you rule in a secretive, corrupt and immoral manner.

ADVSIORY COUNCIL HOLDS MASSIVE RESPOSNIBILITY

There is an Advisory Council meeting this Saturday (14th August). They are supposed to be shown a version of Jim Dowson’s contract. This will make fascinating reading. They are also supposed to be shown ‘the books’. This will also be fascinating. The Electoral Commission are yet to publish ‘the books’. What they will at best be shown are a number of sub headings into which are income and expenditure has been split. They will allegedly then be able to have a ‘shufty’ over the supporting documents on the Sunday.

This is not exactly a forensic examination of the accounts but Griffin and Jefferson clearly believe it will be enough to silence critics.

The Advisory Council has a limited number of powers. It is essential that they use these powers because Nick Griffin is leading this party to ruination and he is doing it quickly.

NOTE ON LIABILITY

In the increasingly likely event that the British National Party is wound up and closed down by our growing list of creditors, once all the Party’s bank accounts have been cleared out (including decentralised regional bank accounts), and the party’s assets sold (e.g. machinery, computers, Truth Truck), the creditors have a few options.

The insolvency rules for an unincorporated association (such as the BNP) are somewhat complex and will have to be examined in detail. For now however this seems to be the case.

There will be very little in any bank account (apart from one) and the ‘assets’ will realise a low sum in auction (e.g. a few hundred pounds for items that may have cost us thousands).

The creditors can then go for Nick Griffin and bankrupt him. He is the chief officer and as our constitution grants him virtually absolute power, he is in effect the ruling body of our party. He will not lose his seat in the European Parliament due to this although it would ruin him politically. He may have an attachment of earnings order placed on him (in other words deductions may be taken from his salary to clear the liabilities). This is slightly doubtful however as he is paid by a foreign legislature.

Named officers such as the Treasurer and National Nomination Officer or other members of the Advisory Council probably have no personal liability as they have no actual power of decision (ore at best only very slight power). This would have to be tested in court if a liquidator (or the people running the insolvency) ‘went’ for one of these people (e.g. to take possession of their house).

For ordinary members the extent of their liability is the level of their annual subscription. In other words how much they pay for their annual membership fee. The position of life members will be slightly problematical.

There is some misinformation going about that normal members could be held liable for the full amount owed. This is not the case.

STICK IT OUT

These are unsettling times.

Nationalists must stick together. This is a trial of all of ours fortitude. We must not fly off to the four corners of the realm in despair.

Don’t panic – stay calm. Keep with your branch. Have faith in your local colleagues and friends. See how things work out. Keep checking this blog for information.

This is as yet unconfirmed.

More details to follow as they become available.

[AntlionUK]

cba to read all that, but epic win if they have.

[DRTY]

cba to read all that, but epic win if they have.

[firky]

Well apparently the creditors have already been chosen, a firm from Croydon. The liquitator will own the name, membership and what few assets the BNP has however like other buisnesses these can be bought and used again of course not by the people who started it all. The liquitator could sell of the whole lot for the sum of money owed, less than what they are owed or sell of each part individually.

There's no point in getting excited just yet though as the BNP do have their fingers in the pockets of some quite powerful people.

Nick Griffin admits British National Party debt stands at 25% of annual turnover.
This is three times worse than I had previously reported where I said the party owed £150,000

In this BNPtv video Nick Griffin admits the BNP is in debt to the tune of £500,000

http://www.youtube.com/watch?v=DKsItx20vhc

[firky]

Sources on the inside are chattering that the BNP will run out of money within 14 days and be forced to enter bankruptcy.
Election accounts are overdue and outstanding unpaid election expenses are running at £92.300,00
The Marmite scandal has been revealed to cost £170,000,00
source : http://www.marketingweek.co.uk/sectors/ ... 02.article

expeditions court costs are still outstanding at £60,000.00
Other outstanding debts are quoted as at least £170,000.00
The party has a mere £65.000.00 in total assets.

Bankruptcy is unavoidable as nobody will lend the party money.
Sources are saying they have less than two weeks to settle the majority of debts.
This could be the End.

[DRTY]

[oli90]

I don#t see how this means anything. Political parties are based on ideas surely. They've already corrupted some off the countries more vulnerable minds by lying to them about unemployment being a direct result of immigration and it being the sole cause. They won't be able to campaign but theres still people out there ignorant enough to vote for them.

[Pi-Krust]

please god let this be true.although it's only going to be a symbolic victory as they'll be back under another name soon enough.

[oli90]

They got sued by Marmite.

Just......how.

[the acid never lies]

Good news of course but I wonder what this will mean for the fascists' "extra parliamentary" strategy in the form of organisations like EDL i.e. whether more will take to the streets instead of the ballots.

So who's coming to Bradford to stop the fuckers?

http://www.guardian.co.uk/commentisfree ... h-petition

I'm sick of the liberals wringing their hands saying "Oooh but they have the right to spread their toxic views"

Free speech my arse - somebody getting their head kicked in by a thug has no say in anything.

It's about standing shoulder to shoulder with the community to show them we won't let them alienate and divide us.

[firky]

If it happens my money is on an EDL and UKIP coalition with politically naive twenty something libdem voters joining their ranks.

[test_recordings]

UKIP wouldn't go with EDL as they're not racist, just against european integration and limiting immigration (i.e. not kicking everyone out that has been let in) for the sake of keeping a good standard of living for everyone living in GB. The French really screw the system when it comes to grants, they work less than everyone in the UK (35-hour week MAXIMUM) and have a higher standard of living It wouldn't be so bad if they contributed to the 'EU' a bit more instead of telling the UK to instead!

Joke's on the BNP though they're useless at running a policitical entity, not that we should ignore them in case they get away with something without being watched

[the acid never lies]

Wish we had a 35 hour week

[lloydnoise]

Wish we had a 35 hour week

9 - 5, Mon - Fri

How is this not a 35 hour week??

[BLAHBLAHJAH]

I'd rather have the BNP stick around and continue failing, stuff could go tits up if they leave empty boots to be filled by someone else. Can't remember the name of it, but as a kid read some book about time travel and some dude using it to poison the well of Hitler's village so he wasn't conceived. Hitler was evil but his ideas were destroyed. In that book however, some other tnuc just filled that eventual void, only wi' great success

Always worth remembering the amount of cack every single leading political party has generated though. In the bigger picture they make the BNP look little more than summer drunk wasps

pLOLitics

[Pi-Krust]

Wish we had a 35 hour week

9 - 5, Mon - Fri

How is this not a 35 hour week??

cos it's an err..40 hr week

[the acid never lies]

I'd rather have the BNP stick around and continue failing, stuff could go tits up if they leave empty boots to be filled by someone else. Can't remember the name of it, but as a kid read some book about time travel and some dude using it to poison the well of Hitler's village so he wasn't conceived. Hitler was evil but his ideas were destroyed. In that book however, some other tnuc just filled that eventual void, only wi' great success

Yeah but... it's only a novel eh?

I am of the opinion that Hitler wasn't that unique. A space opened up for social upheaval and fascism won out. Often this represents a failure of the left - don't remember who came up with the phrase, those who half make a revolution dig their own grave. Italy is a fine example.