Issue - decisions

Op Albacore

18/06/2019 - OPERATION ALBACORE (MULTI COUNCIL CRIMINAL PROSECUTIONS) - RECEIPT OF COMPENSATION PAYMENT AND URGENT ACTION TAKEN BY THE DIRECTOR OF LEGAL AND GOVERNANCE

That Cabinet notes the urgent action taking by the Director of Legal and Governance under delegated powers to accept the voluntary undertaking to the court on behalf of Joseph Ashford to pay a further £616,000 ‘compensation to the council’  to the effect that Joseph Ashford pays the sum in monthly instalments each of which is no less than £40,000. Further, that in the event that any one payment is in excess of £40,000 the excess balance can be carried forward. The total value to be paid no later than August 2020. In response to this the council will defer institution of further confiscation proceedings, retain the existing £720,000 property on restraint, and, on conclusion of all payments totalling £616,000 undertake to withdraw further proceedings.