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New evidence of Corruption at Visteon – Adams Calls for Full Investigation

9 September, 2009 - by Pat Sheehan, Westminster


Sinn Féin President Gerry Adams, MP for West Belfast, has today called for a full and thorough investigation into the pensions scandal at Visteon and into the Management and handling of company assets.

New documents have been given to Sinn Féin which Mr. Adams believes confirms the existence of corrupt practices by Visteon and of efforts by them to destroy company records and conceal their involvement in the displacement of jobs and investment, especially from Belfast (under their so-called ‘Cummins D3’ project).

The west Belfast MP said:

“This new evidence, which I am passing to the British Prime Minister, Gordon Brown and to the Pensions Regulator, makes it imperative that a full investigation is urgently undertaken into the Visteon scandal.”

Mr. Adams reiterated his firm belief that “the rights of former Visteon employees to full pensions must be honoured.”

Full text of statement:

“In May this year, after a debate which Sinn Féin tabled in the Assembly, all parties united on the need for the Visteon scandal to be fully investigated.

Subsequently, I raised with the British Prime Minister Gordon Brown the rights of the Visteon workers and allegations of serious malpractice by the company.

Sinn Féin furnished the British government with all the documentation we had received about the activities and plans of Visteon UK, Visteon Corporation and Ford prior to the decision to put Visteon UK into administration.

It is vital that that those responsible for any wrongdoing by the company are held to account.

The employees Trade Union is due to consult with its members in London today (Wednesday) and I think it is in everyone’s interests that we get the whole truth about the Visteon scandal.

I am also aware that the Pensions Regulator has assigned four staff to review all of the documentation surrounding the Visteon scandal.

New documents have been given to Sinn Féin which confirm the existence of corrupt practices by Visteon and of efforts by them to destroy company records and conceal their involvement in the displacement of jobs and investment, especially from Belfast (under their so-called ‘Cummins D3’ project).

I have now written to Mr. Brown, and to the Pensions Regulator and provided them with this new information.

The Visteon scandal needs a full and exhaustive investigation with the power to seize documents, gather evidence, and where necessary, bring these matters before the courts.

Urgent and decisive action is now required to prevent any evidence of company crime being lost.”

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