Kevin 'planned to sell yacht'
The Maxwell Trial; Day 40
Saturday 29 July 1995
The yacht, the Lady Ghislaine, was part of an asset package being prepared by Kevin, said NatWest Bank executive Mr Leal-Bennett.
Robert Maxwell died on 5 November 1991. A day later, Kevin met NatWest officials to discuss the Maxwell group's "financial crisis". Kevin asked the bank to ensure his mother's day-to-day bills were paid. "This was done," said Mr Leal-Bennett.
Kevin also told the meeting that he was planning to sell the yacht, a Berlin newspaper for pounds 50m, a couple of aeroplanes, a Hungarian newspaper and other assets worth about pounds 200m.
The bank official told the jury of the urgent phone call he had from Kevin the day his father went missing from the yacht.
"He sounded extremely distraught. It was clear something concerned him greatly," he said.
Later, Kevin phoned again to say his father's body had been found. Mr Leal-Bennett said the cash crisis began months before Robert Maxwell's death.
Kevin, his brother Ian and former Maxwell aide Larry Trachtenberg deny conspiracy to defraud. Another former Maxwell executive, Robert Bunn, denies the same charge. The trial was adjourned to Monday.
- 1 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 2 Mystery man who gave mum heart-warming note on train 'wanted to put a smile on her face'
- 3 Michelle Obama highlights harsh restrictions faced by Saudi women after meeting King Salman without wearing a headscarf
- 4 Mafia's wall of silence broken: Victim of Cosa Nostra's extortion rackets in its Corleone heartland co-operates with authorities for the first time ever
- 5 Amal Clooney gives excellent answer to fashion question at European Court of Human Rights
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
Greece elections: Syriza and EU on collision course after election win for left-wing party
British Muslim school children suffering a backlash of abuse following Paris attacks
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
Louise Mensch says 'F**K YOU' in explosive tweets about David Cameron, Saudi Embassy and the Queen over King Abdullah tributes
iJobs Money & Business
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...
£25000 - £35000 per annum: Recruitment Genius: A Technical Report Writer is re...
Competitive salary & benefits!: MBDA UK Ltd: MBDA UK LTD Indirect Procurement...
£16500 - £16640 per annum: Recruitment Genius: This fast growing Finance compa...