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CHEK WHYTE BANKRUPTCY LATEST
 

Star date: 18th August 2009

"I'LL BE BACK" CLAIMS WHYTE…

Chek Whyte, the `Secret Millionaire' developer who left Salford owing thousands of pounds to companies working on the Langworthy Church project, failed to get creditors to back him yesterday in his bid to keep trading.

Whyte will now face a bankruptcy hearing in the near future, which he claims "would be the easy way out for me because I'm an entrepreneur and in 12 months I would be back"…

see latest update 2nd Sept 2009

 



Creditors who turned up at Nottingham's Albert Hall yesterday expecting to hear an explanation from Whyte about how he ended up with debts of over £30 million were left disappointed and angry. Along with other creditors, HM Revenue and Customs - which it emerged has had Whyte under serious inquiry since 2004 – refused to support his proposals to repay companies. Subsequently the proposals were withdrawn and no actual creditors meeting took place.

Now companies that worked for Chek Whyte in Salford and beyond will see little if any of the money that is owed. It is thought that Chek Whyte was paid over half a million pounds of public money by Emmanuel Developments (via Great Places and the Homes and Communities Agency) for work completed on the 22 apartments due to open as part of the church project on Langworthy Road. 

A joint statement by Emmanuel Developments and Great Places Housing Group confirmed "Emmanuel Developments has paid Chek Whyte for the value of work completed in line with its contract. It was the sole responsibility of Chek Whyte to pay sub-contractors - not Emmanuel Developments."

It added: "After extensive discussions among all parties the contract was transferred to Wrightchoice Developments on 7th July.

"Emmanuel Developments no longer has a contractual relationship with Chek Whyte. Wrightchoice Developments has confirmed that it will complete the work, in line with the existing programme, in December 2009.

"Great Places will receive a total of £1.5m from the Homes and Communities Agency towards the purchase of the apartments and under standard procedure they were given half of this at the outset of the development. They have paid some of this money to Emmanuel Developments in regular instalments on completion of each stage of the agreed work.

"The other half will be paid to Great Places from the HCA on completion of the development. Great Places has no involvement with the payment of contractors."

Read previous stories here and here

See update 2nd Sept 2009 here

K young wrote
at 6:05:39 PM on Thursday, March 20, 2014
He,s back!owns richmond wight a companty that has bought over many caravan parks including the one i live on!
 
The Bradford Questioner wrote
at 2:47:19 AM on Saturday, September 3, 2011
This man is still at his dubious dealings . He is reportedly supposed to be banned from running a company and a serial bankrupt and yet he springs up not a year later having bought into a firm and running proceedings for them The question is how does he get away with it and do his creditors know he has the capital to invest? Dont think so .
 
Jeremy Ewen wrote
at 10:00:57 AM on Friday, April 16, 2010
He's just one of a long line. Take a look at David Friedman's history!! He really should be locked up.
 
adrian millichip wrote
at 11:15:12 AM on Monday, September 7, 2009
This man is a crook and should be treated as one. Lock him up and through away the key.
 
Robbed wrote
at 3:02:05 PM on Tuesday, September 1, 2009
I run a small engineering company and as a result of Chek's dubious dealings we ended up being taken for over £18k in 2005. A change in the law on bankruptcy is well overdue, this man should lose everthing he has and never be aloud credit again. I for one would like to see him rot in jail.
 
In the Know wrote
at 3:49:09 PM on Tuesday, August 18, 2009
When will this guy be stopped? He's a serial bankrupt FFS! Chek, previously Anthony Beardsley of Cotmanhay, is not fit to be given credit yet he appears to have hoodwinked no end of people. Suppose he will be back in twelve months time but probably under another name! Don't get fooled again!
 
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