UK: COSTLY CONNECTIONS - DOMINION INTERNATIONAL.

UK: COSTLY CONNECTIONS - DOMINION INTERNATIONAL. - I was surprised that during the hoo-ha over personal finances at the BBC, its discovery that Eldorado was not to be found on the Costa del Sol, and publicity about its management and board, no one mentio

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Last Updated: 31 Aug 2010

I was surprised that during the hoo-ha over personal finances at the BBC, its discovery that Eldorado was not to be found on the Costa del Sol, and publicity about its management and board, no one mentioned another company that was involved with personal finance matters. It also owned property on the Costa del Sol and its management attracted press attention. Indeed, the company's chairman, writing in the 1989 Annual Report to shareholders, stated that 'growth in the year ahead will result from the energy and enthusiasm evident in all areas of the group'. On 22 January 1990, the company, Dominion International, was put into administration under the Insolvency Act. A public-quoted firm, it was involved in the 'provision of services within the financial sector' and in property management. The administrators judged its shares to be 'of negligible value'.

Dominion's 1989 Report mentioned that its chairman, the Rt Hon. Lord Barnett, was vice chairman of the BBC.

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