It is time to talk: Appeal for Information

Posted on October 24, 2012

We have received allegations about dubious lending practices at Tiuta and would love to hear from any borrower or former employee. It appears that certain very senior individuals in the business overrode appropriate lending policies of the lending manager(s).

This appeal is particularly aimed at borrowers who may have faced the rough end of those dubious lending practices or employees who disagreed with them. Please let us have details of the deals in confidence. It is time to open up and tell us yanks what you know. Now that Tiuta plc and Tiuta International Limited are in administration, you may now feel that it is easier to talk. After all, those companies are likely to be wound up but for now are under new management as they are controlled by administrators. The administrators are most unlikely to use scarce financial resources to pursue borrowers or ex-employees for talking to us. Please also let us know if you face any form of intimidation as we can help you.

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