London Evening Standard: ‘Plumber’ seeks legal aid for appeal
“The setback comes only a week after former Shell chairman Sir Philip Watts said that he was taking the FSA to the tribunal for the way it allegedly pointed the blame at him when it fined Shell £17m for market abuse relating to oil reserves overstatements.”
James Rossiter,
Posted 21 September 2004
THE Financial Services Authority has suffered another major setback in its market abuse case against entrepreneur Paul ‘The Plumber’ Davidson.
An appeal by Davidson against a £750,000 fine imposed by the City watchdog was due to reconvene today but has been delayed indefinitely after a last-minute request from Davidson for the State to foot his legal bill.
The delay comes three months after the appeal was first suspended and the panel of tribunal members replaced when it emerged that one of them had discussed the case with his neighbour, then head of the FSA’s disciplinary committee.
Davidson, who once claimed to be worth between £60m and £65m, is trying to agree an individual voluntary arrangement with creditors, who include his solicitors, the Financial Services and Markets Tribunal has heard.
Questions are being raised in legal circles about whether the FSA will ever be able to recover the fine or any of its legal costs – understood to be in six figures and rising.
An FSA spokesman said: ‘We are obviously disappointed that it is not able to resume today and anxious that it is resumed as soon as possible.’
The setback comes only a week after former Shell chairman Sir Philip Watts said that he was taking the FSA to the tribunal for the way it allegedly pointed the blame at him when it fined Shell £17m for market abuse relating to oil reserves overstatements.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
