PSC Guaranteed Growth (PSCGG) - Collapse
Prosecution (unfolding) of Tigon executives Gary Porritt & Sue Bennett 2016/7
Who to believe?
SA's National Prosecuting Authority (NPA) would have us believe that 2 experienced executives would engage in a bungling caper more comedic than Keystone Cops.
What other explanations???????
What is proposed herein, and maintained over some 14 years, is that powerful THIRD FORCES are behind the PSCGG collapse. Identity Theft, Hacking, Fabricated 'evidence' & other horribles were in their infancy c2000 – but nonetheless still very powerful & effective infants.
In short: Milne, Porritt & Bennett dived into shark infested waters.
No matter how much you may consider Porritt & Bennet (& Milne) to be rogues the point is that the entire PSCGG debacle is a small raindrop within a torrent of floodwater of global frauds – with criminal international auditors Price Waterhouse Coopers (& others) unlawfully protected by & now working for the NPA prosecution team.
NOTE: If you are delusional such that you believe that the Twins Towers were NOT imploded, that you believe they were a natural collapse (post plane crashes), then read no further.
The Twin Towers were IMPLODED!!! – PROOF: absence of transfer-of-momentum dynamics for a natural collapse => additional high impulse (explosive) forces → sequential => by definition: IMPLOSIONS!!!)
PSCGG collapse was a planned attack by Third Forces – the explanations herein (& links) only touch on a few aspects of decades of extensive & intensive global webs of organised crime → aggregating to Economy Terrorism
HISTORY (in brief)
For more detail: http://cdadd.com/legal/77-pscgg-tigon-shawcell-the-perfect-crime
Progressive Systems College was started by Jack Milne (ex-Rhodesian, ex-military & bush-war) in Johannesburg c1980s and rapidly became an influential organisation providing education of & about Stock Markets, share-trading etc., and developed a purchasable PC-based share-trading software platform for users so interested. Milne gave frequent seminars to PSC subscribers in which he would provide his research & views – but NEVER his advice to any one person on any specific shares – Milne was adamant about maintaining professional integrity between education & interference in markets – the writer tested Milne on a number of occasions to test this resolve but never did Milne waiver.
By c2000 Milne had for long been challenging the major investor institutions (Sanlam, Old Mutual) and in particular Liberty Life (founded by Donald Gordon c 1963) because of then realised claims that their performances were not good & there were high costs of engaging with these institutions.
Milne then sought to set up PSC Guaranteed Growth (PSCGG), a private investment company with aim of trading in stock-market shares for private persons, with Milne solely making investment decisions, as a direct challenge to the performance achieved by financial institutions.
Tigon took on the role of underwriting PSCGG and of covering any&all costs of investment in return for 50% of trading profits (this sentence, as memory serves)
The writer had long prior met Milne & specifically met with Milne on a few occasions prior & after launch of PSCGG and with specific purpose of assessing the credibility of the entire PSCGG scheme.
In short, it boiled-down to whether one accepted the credibility of Jack Milne as to whether one accepted the credibility of PSCGG. Some 15 years of increasing engagement with Milne convinced the writer, and still does, that Mile had no intention other than achieving the intended aims of PSCGG.
BUT, BUT, BUT – Milne had dived into shark infested waters of global financial power – and the sharks were not going to let him swim freely.
The writer recommended PSCGG to clients (leading corporate executives & private business owners) & to parents – the nett result that some millions were invested into PSCGG.
A final face2face meet with Milne cNov 2002 yielded assurances all was okay with PSCGG
In December 2002 after presenting on an SAfm Denis Beckett morning chat-show, the writer was contacted by an Old Mutual General Manager, Dave Hudson – and met with Hudson cFeb 2003 during which meeting Hudson gave inside information that PSCGG was 'folding' (how did Hudson have this inside information? The obvious comes to light further on) - and in which meeting an agreement was reached whereby the writer would investigate the pension-fund industry – this was to be a billable project but to which Hudson later reneged. The results of this R&D was entered into SA Savings Institute 'Research Excellence Awards' 2003, adjudicated by SA Reserve (Central) Bank ex-Governor Dr Chris Stals, Prof Biekpe (Stellenbosch) & 1 other – and won the category award:
http://cdadd.com/economy-engineering/47-pensions-frauds-mechanics-annuities-in-retirement-sasi-paper
And the R&D from this gave proofs of Donald Gordon's massive fraud scam that was globalised and causal of today's socio-economic chaos:
And in which the 'King of Corporate Governance' King Reports I, II, III – Mervyn King, ex-High Court (Johannesburg) Judge – was involved through his Chairmanship of Brait Bank (Luxenbourg) – and his involvement in the fraudulent sale of F1 Kyalami Racetrack:
http://cdadd.com/economy-engineering/50-fraudulent-aa-formual-1-kyalami-racetrack-sale
And, later, Gordon's attorney Billy Gundelfinger linked Gordon to the botched hijack, hence murder, of Anni Dewani; and the later rendition of Shrien Dewani from a UK mental hospital to Cape Town for his trial for allegedly organising Anni's murder, which allegations were clearly baseless – but to which Gordon's involvement was covered-up by NPA:
And amongst which, in 20005, Barclays Bank raided SA's ABSA Bank – and now a number of those Barclay's Executives, including CEO John Varley, are facing fraud charges in the UK over various scams:
http://cdadd.com/legal/71-fraudulent-absa-barclays-share-deal
And, with Intentional Auditors: Price Waterhouse Coopers, Ernst & Young, Deloittes, Grant Thornton, KPMG all being involved in globalising the pensions/investments fraud scams – and with metamorphosing these scams over the decades, e.g.:
KPMG: http://cdadd.com/open-letters/106-fraudulent-collapse-of-clerys-corporate-organised-crime
The point being that PSCGG was a miniscule drop of water in a global torrent of floodwaters of international fraud scams
BUT, BUT, BUT – with financial institutions (read Donald Gordon) attacking Milne it gave the writer the means by which to expose the very nature of the global fraud scams by Gordon, & IntAuditors & others.
In HINDSIGHT, some 14 years later, it also became clear that with the demutualisation of Mutual Companies (c late 1990s in SA) it allowed Donald Gordon to move his senior Liberty Life Executives into the other major mutual institutions – and along with IntAuditors to accelerate the globalisation of these fraud scams.
And by 2002 it was ripe for these sharks to topple PSCGG, Milne, Porritt & Bennett, and any others that stood in their way (e.g. Dewani family)
Well, you might say – Milne has admitted to deliberate fraud:– these admissions must be taken in light of the prosecution & conviction of Milne and the very light sentence he received. Yes, in truth, Milne did commit fraud – but NEVER intentionally. Yes, foolishly, naively, in an attempt to hopefully rectify the situation
The real & gross injustice is that Donald Gordon, IntAuditors, Mervyn King, Billy Gundelfinger are ALL unlawfully protected from prosecution for MASS global fraud scams – yet Milne, Porritt & Bennett are hounded to destruction.
Right now (April 29, 2017 @ 09h11 BST) – the writer, having suffered personal attacks & destruction & being forced into exile from home in SA, for over 25 years for standing up to Judicial corruption, could simply gloat over the trauma Porritt & Bennett are enduring:
https://www.moneyweb.co.za/news/south-africa/what-porritt-bennett-didnt-want-you-to-see/
….. and ignore the prostitution of the Justice system that allows media prejudice to corrupt Justice processes as the video in above link demonstrates. This clearly demonstrates prejudice by Justice Brian Spilg.
Just as the writer could have ignored the prostitution of Justice over the Zuma arms-deal allegations:
http://cdadd.com/legal/90-cct-s38-oscar-pistorius-sca-judgement-gross-travesty-of-justice-hc
BUT, BUT, BUT – what is more important:- opposition to Justice prostitution - OR - revenge (possibly baseless) over Porritt & Bennett?
This was the same/similar question regarding Zuma versus Justice over the arms-deal allegations. Despite that Zuma has proved to be corrupt, the point is that the Justice system had been prostituted to achieve the position in c2009 by which the NPA could have prosecuted Zuma – thereby interfering with the 2009 democratic election.
It is BECAUSE of Justice systems being prostituted & corrupted that the World is in the mess it is in now – and Ireland's Justice System is far, far, far worse than SA's – ditto ALL developed nations – developed nations are neo-Nazi states because they actively support corporate Organised Crime aggregating to Economy Terrorism causal of mass oppressions through to Starvation Genocides, with reactionary radical/terrorist events.
So, with ALL the intricate webs of fraud scams around the World, it is not inconceivable that Porritt & Bennett were as duped as Milne over the PSCGG collapse – and to such an extent that there is 'reasonable doubt', and more still:- 'more than reasonable doubt' -> even to the extent of:- 'certainty of doubt'?
And the writer had lost family money in PSCGG – so revenge would be understandable. We are all fallible humans, but not all are fallible to the extent of accepting a prostituted Justice system - it goes against the very essence of the writer's being.
Jack Milne admitted to his stupidity in not blowing the whistle – and the writer accepts that he was caught in a turmoil and in hope (vain though it was) that 'things' would come right – but in so foolishly doing Milne swam into the jaws of the sharks that were scamming him ( & Porritt, & Bennet) into doing so.
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Who to believe? - it's your free choice – but at least apply some sound reasoning before you make it – unless revenge is your motive.
The writer is prepared to give evidence in the Porritt & Bennett trial – but whether SA's Justice is prepared to hear valid, NOT selective, evidence is another matter.
But, that is for SA's prejudiced Justice Brian Spilg to decide – to whom this is also sent.
Sincerely
Chris Addington Pr.Eng.