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 Subsequently the proposals were withdrawn and no actual creditors meeting took place.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
.JPG)
.jpg)
.jpg)
.jpg)
(3).jpeg)
.png)
(1).JPG)
