Vital file loss harms defence
The Maxwell Trial; Day 75
Saturday 07 October 1995
A document crucial to Kevin Maxwell's defence team may have been lost after being badly filed in a warehouse on a "wet and windy corner of the Thames Estuary", a court was told yesterday. The paper was among millions seized from the headquarters of media tycoon Robert Maxwell.
Kevin Maxwell has claimed there was an amended version of a pounds 100m sale agreement between pension funds and the Maxwells concerning 5.4 million shares in Israeli computer software company Scitex.
Alun Jones QC, defending Kevin Maxwell, told the jury at the Old Bailey fraud trial that the missing paper would have shown the magnate's son was entitled to believe his father's empire owned the shares.
Other records seen in court so far show the stock was loaned and ownership remained with pensioners. But Mr Jones showed jurors pictures of the files, which he claimed showed the poor state they were stored in.
John Talbot, administrator to Maxwell's private empire after his death, said that staff at the warehouse, in Rockall, near Sittingbourne, denied the poor filing was their fault.
Mr Talbot told the court that his company accountants, Arthur Andersen, took possession of a "vast amount" of Maxwell paperwork.
Mr Talbot insisted his experience was that papers were correctly filed after being given computer bar codes that could lead to their instant recall to London when needed.
"Rockall [staff allege] that the problems...were caused by various parties given access, who have misfiled certain documentation, who have put documents back in the wrong files or disturbed papers."
Kevin and Ian Maxwell, together with a former Maxwell aide, Larry Trachtenberg, all deny conspiracy to defraud the pension funds by misuse of investments.
The trial continues on Monday, when the prosecution is expected to close its case.
- 1 BBC told new political editor must be 'impartial' with Nick Robinson reportedly stepping down
- 2 Number of young homeless people in Britain is 'more than three times the official figures'
- 3 The map showing the most dangerous tourist destinations in Europe, according to the Foreign Office
- 4 The biggest first date turnoff has been revealed
- 5 German man found living with 300 rats in tiny apartment
BBC told new political editor must be 'impartial' with Nick Robinson reportedly stepping down
Humans of New York image of crying gay teen receives best response yet from Ellen DeGeneres
Isis propaganda video shows 25 Syrian soldiers executed by teenage militants in Palmyra
Number of young homeless people in Britain is 'more than three times the official figures'
Budget 2015: George Osborne to axe subsidies for higher income earners in social housing
More Britons believe that multiculturalism makes the country worse - not better, says poll
Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
Greece crisis: IMF was pushed around by Angela Merkel and Nicholas Sarkozy – and now it is being humiliated
'I wish the BBC would stop calling it Islamic State' – David Cameron unleashes frustration at broadcaster
Forget little green men – aliens will look like humans, says Cambridge University evolution expert
Girl, 7, stares down hate preacher at Ohio festival with pro-LGBT rainbow flag gesture
iJobs Money & Business
£15000 - £17000 per annum: Recruitment Genius: This company offers a range of ...
£15000 - £16000 per annum: Recruitment Genius: Customer Service Advisors are r...
£20000 - £25000 per annum + OTE £45K: SThree: SThree were established in 1986....
£40000 - £60000 per annum: Recruitment Genius: A Compliance Manager is require...