Thread by @fascinatorfun

@StillDelvingH @lbrough @allotment_lady @peterjukes @grantshapps I’m curious about the information in this one, @StillDelvingH

It suggests she founded CyberTLA. As far as I can see TLA means “Tech London Associates” that, in fact was founded (according to its web page) by Russ Shaw in 2013. She is listed as one of numerous “advocates”.

@StillDelvingH @lbrough @allotment_lady @peterjukes @grantshapps You will see he DID have involvement with the Mayor of London

“Russ is a founding partner of London Tech Week, a London Tech Ambassador for the Mayor of London and Advisory Board member for Founders4Schools and the Government’s Digital Skills Partnership.”

@StillDelvingH @lbrough @allotment_lady @peterjukes @grantshapps 3/ So those references seem to tally with what she also references in the Bank info doc.

I cannot find anything in Companies House for her re TLA.

Poss the Russ licences her use the operating model (ie IP)

But Hacker House was registered in 2015.

@StillDelvingH @lbrough @allotment_lady @peterjukes @grantshapps 4/. However its filed accounts for 2016 show “dormant company”.

It was not until the 2017 accounts that it showed financial activity in the form of losses (36k in debt).
July 2018 (£715k in debt)

So it may have “launched” in 2016.

@StillDelvingH @lbrough @allotment_lady @peterjukes @grantshapps 5/ In the interests of completeness here is the link to TLA.

She’s entitled to work and grow a business but the source of the loans to Hacker House does interest me given she has debts already of c $100k dollars for student loans

techlondonadvocates.org.uk/about/

@StillDelvingH @lbrough @allotment_lady @peterjukes @grantshapps 6/. This is one of the articles re her non payment of student debts, for which she is being sued, not having repaid a penny. Altho’ legal action only started in June 2018, she was due to repay from March 2013.

Instead she bid for those London grants

dailymail.co.uk/news/article-7…

@StillDelvingH @lbrough @allotment_lady @peterjukes @grantshapps 7/. I wonder what Johnson knew about her debt profile...not to mention the grant awarding bodies, London Partners and DCMS.

That £100k award was after legal action started on the MEFA student loan.

I seem to remember the rent of the Shoreditch flat was c£2.5k pcm.

@StillDelvingH @lbrough @allotment_lady @peterjukes @grantshapps 8/. That all begs the question about what she was asked about her own debt profile when applications for grants and awards were made, what she disclosed and what due diligence was carried out each time.

And who risked a further £700k on her (Hacker House debts)?

@StillDelvingH @lbrough @allotment_lady @peterjukes @grantshapps 9/. What representations were made about financial background etc when getting that £100k DCMS award?

What about MEFA legal action for c $100k?
What about the £700k+ Hacker House debts?
Were references sought and provided? Who?

@StillDelvingH @lbrough @allotment_lady @peterjukes @grantshapps 9/. I mean, one doesn’t just “forget” that one has nearly $100k of student debt outstanding without having repaid a penny.

Or that one’s company is over £700k in debt.

All that well before the grant of the Jan 2019 DCMS £100k award.

@StillDelvingH @lbrough @allotment_lady @peterjukes @grantshapps 9/. To that end I have had a bit of a dig around the information & documents that underpin the most recent contract award (£100k DCMS).

8th October - 5th November 2018 was the application date window.

Jeremy Wright was the minister at the time. I have to check junior ministers

@StillDelvingH @lbrough @allotment_lady @peterjukes @grantshapps Sorry. I seem to have a proliferation of 9/.

That should be 11/!

Here is the first link naming Hacker House as a company awarded with a link to the Hacker House website & course. (Thanks @allotment_lady for that link)

gov.uk/government/pub…

@StillDelvingH @lbrough @allotment_lady @peterjukes @grantshapps 12/. A quick look

@StillDelvingH @lbrough @allotment_lady @peterjukes @grantshapps 13/. Here is a link to the Oct/Nov application process, criteria weighing and also the Teems and conditions, including re fraud and borrowing

assets.publishing.service.gov.uk/government/upl…

@StillDelvingH @lbrough @allotment_lady @peterjukes @grantshapps 14/. Here is the application form link that shows what the DCMS SHOULD have received.

Section 4 deals with financial information.

assets.publishing.service.gov.uk/government/upl…

@StillDelvingH @lbrough @allotment_lady @peterjukes @grantshapps 15/. It seems to seek information about THE ORGANISATION’S finances (so Hacker House Ltd) rather than PERSONAL finances.

So was the DCMS told by Arcuri/Hacker House Ltd that the company was over £700k in debt? If so, what further due diligence did the @DCMS do?

@StillDelvingH @lbrough @allotment_lady @peterjukes @grantshapps @DCMS 16/. So who or what company had covered that debt?

On what terms?

Repayment due when?

Secured or not?

After all Arcuri cannot have covered it personally given her outstanding c$100k student debt, surely?

She was already being sued by the time of the application.