Simon Hume-Kendall, the former chairman of London Oil & Gas [LOG], the company that Eridge-based London Capital & Finance [LCF] lent the majority of its money to before collapsing and owing creditors £237million, is taking the administrators of both companies to court.
Mr Hume-Kendall, who was also once the chairman of the local Conservative Association and who resides in a mews home off Pembury Road, filed an application for an injunction at the High Court in London last month.
The aim of the injunction is to prevent administrators Smith & Williamson from viewing documents he claims are private.
Smith & Williamson are attempting to get back the millions of pounds owed to more than 11,500 investors – many of them retirees – after LCF went bust earlier this year.
The High court application is being made jointly by Mr Hume-Kendall’s wife, Helen, and says that the documents in question are ‘privileged’ as they relate to conversations with their lawyers.
Declined
Smith & Williamson, who described multi-million pound transactions between LCF and Mr Hume-Kendall as ‘highly suspicious’ in their administrators report, have declined to comment on the application.
Earlier in the year, the Serious Fraud Office arrested four men in relation to the collapse of LCF. A fifth man was arrested in the summer. Nobody has yet been charged and the investigation is ongoing.
As previously reported in the Times, Mr Hume-Kendall, along with former LCF boss Andy Thompson, Crowborough businessman Spencer Golding, and Elten Barker from Hadlow Down have all failed to co-operate with administrators.
Mr Hume-Kendall has also declined to speak to the Times when we visited his mews home near Pembury.