''Item 3. be it resolved that the Board be empowered : i. to invest up to £350,000 in ''buy to let'' properties in the greater London area and to arrange appropriate contract(s) for the management of these properties.''
I bring to the attention of the Directors and all those intending to attend the meeting: That the Association's Bankers had advised the Association in writing, that the Association was not in the business of 'running property' . The Association was in the business of running an Association/Club. This transpired sometime in 1995, I believe. This letter is in the possession of the Board; although the Board that took on the files had denied having received any documents/files, in their newsletter, put out to the Members. I had shown that the files were received and signed for by the present Legal and Admin. Director, Mr. Paul de Mendonca and ex-Director of the Association, Mr. Tony Luis. Copy of signatures and copy of order of files handed over, were passed by me, to present Director Mrs. Norma Menezes-Rahim, some years ago. I requested that this deliberate misrepresentation be corrected and that the members be informed of the lie perpetrated. It was subsequently recorded, in the minutes that what had been stated, with regard to files not having been handed over, was not true. Has the direction of the Association now changed, to consider 'running property' ? I trust the Directors and Members present will take on board the concerns and advice rendered by our then Bankers, NatWest Bank. -- DEV BOREM KORUM. Gabe Menezes. London, England _______________________________________________ Goanet mailing list [email protected] http://lists.goanet.org/listinfo.cgi/goanet-goanet.org
