Reply from a member of the SmartLogik Action Group:
So is that it, or can we appeal to the Information Commissioner and
Tribunal. This is absolute cobblers, there must be something that can
be done, what about putting this saga to contacting documentary
makers, their researchers can usually get to the bottom of anything.
Maybe the team at panarma would be interested, they are always
looking for new things to investigate, check them out at
http://news.bbc.co.uk/1/hi/programmes/panorama/default.stm
Anyone else think this might be worth doing?
--- In smartlogikaction@..., "SmartLogik Action Group"
<slkyahoo@s...> wrote:
>
>
> To: SmartLogik Action Group.
>
> In early March, the SmartLogik Action Group made an official request
> for information under the "right to know" Freedom of Information Act -
> see the post of 5th March 2005 on the News Weblog:
>
> http://slk-action-group.com/blog/archives/03-01-2005_03-31-2005.html#332
>
> This request was made to the UK Listing Authority, which is part of
> the Financial Services Authority (FSA) in the UK. They are the public
> body that authorised the waiver to the directors of SmartLogik Group
> plc that enabled them to sell the core assets without firstly asking
> for shareholder approval and, to avoid the publication of audited
> accounts for 2001.
>
> Unfortunately, we have now received their response and they are
> refusing to provide any information. This is because they deem it to
> be against the public interest. So much for Freedom of Information and
> the "right to know"! What about the interests of the thousands of
> shareholders and their families who were directly affected by the
> events at SmartLogik and have still had no accountability? It is no
> wonder that our trust in the stock market and the regulators is so
> low. It also is not surprising that the stock market continues to
> under-perform and we have a serious pensions crisis.