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Johnny Cash

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Well gross cash proceeds is £38 million, how much will it been after legal & professional fees? Today LSH is gone, tomorrow Hampton may change hand. Too many fat cats in the Group. Take for instance, the estate agency business alone, ask either Paul Creffield or Peter Long, how many Regional Finance Directors they have, do we really need all them? Empower those in the branch driving the sales. Is there a need for sub-head office for very senior executives in Central London, Chelmsford and Milton Keynes? Time for Peter Long to go. Absolute joke this guy.

From: Johnny Cash 29 November 2019 16:20 PM

Yes, it would be good hear from RICS as well. How come they did not identify the issue since 2008? Can EstateAgentToday put the following questions to Paul Crefffield as well? 1. Given his long career with Countrywide at senior level, was he part of Senior Management that made the policy decision collectively? He cannot blame ex-employees just like that. Given his seniority since 2008, surely he knew of such policy decision. 2. Was he not aware of the practice? He was the MD for the Conveyancing and Surveying Division for quite some times. Both businesses operate client accounts. 3. Purely on a cost saving drive, CWD outsourced their in-house Internal Audit function. Can he confirm that previous audit findings did not brought up this issue? 4. Since 2008, how much was released to the Profit & Loss Account as income; thus inflating reported profit? 5. Can he confirm that there is no such similar practice in the Surveying and Conveyancing Division?

From: Johnny Cash 26 November 2019 17:15 PM

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