RE: Response from POG around assets and liabilities13 Jul 2022 22:16
To Let You Know Pre Sanctions I had £272k now Nothing3
Yahoo/Sent
lawrenceTJ13@sky.com
To:Sally-Ann HART,Thomas GUYTON-DAY,Customer Contact Centre,Complaints Scheme,FCDO Correspondence (Sensitive)
Wed, 13 Jul at 19:11
----- Forwarded message -----
From: lawrenceTJ13@sky.com
To: GUYTON-DAY, Thomas ; Sally-Ann HART ; FCDO Correspondence (Sensitive) ; Customer Contact Centre
Sent: Wednesday, 13 July 2022 at 18:39:03 BST
Subject: Re: Lawrence Jenkins
Hello Guyton and Sally-Anne
Please let it be known that the reason for Petrpavlovsk Plc (POG) Going into administration was the clumsy way of target Government sanctions that prevented the company from selling it's gold and servicing it's debts. This wasn't Russia doing this it was my elected government who easily could have given Pog a waiver and allowed UK share holders to salvage some of their savings.
The PM and Foreign Secretary Boris Johnson and Lizz Truss chose to destroy the UK shareholders so they could virtue signal how tough they were on Putin when in fact they were cruel and dictatorial to their UK citizens making them extract the price for their sabre rattling.
So the blame falls squarely on the shoulders of the aforementioned PM and FS, there fore I feel it's wholly appropriate that Long Term UK Share Holders be offered compensation from those that destroyed them..
Pleas see below an article from the Financial Times in which I am quoted.
I will not go down without a fight , I lost my life's saving because of the sanctions essentially with this present government giving them to Putin.
FT article below by Neil Hume
Petropavlovsk plans to file for administration this week as the indebted gold producer struggles to refinance its borrowings and seeks a buyer for its mines in Russia’s far east. The company, which on Tuesday asked for trading in its shares to be suspended in London, said it would seek a hearing at the High Court in the “coming days”. Its move to appoint Opus Business Advisory Group as administrator is the latest twist for the company that was once the biggest gold miner listed on the London Stock Exchange and almost clinched a place in the blue-chip FTSE 100 index. Petropavlovsk was founded in 1994 by Pavel Maslovskiy with Peter Hambro, a scion of the London banking dynasty, and is one of Russia’s biggest gold producers. But after years of boardroom turmoil as a succession of wealthy businessmen took large stakes and fought for control of the company, it has been brought down by the war in Ukraine. The company was plunged into crisis this year after the UK imposed sanctions on its main lender Gazprombank following Russia’s invasion of Ukraine. It had been one of the few Russia-focused groups with shares still trading in London until they were suspended on Tuesday. Petropavl