Affidavit of Roger Davis
I, ROGER DAVIS, of * * *, MAKE OATH AND SAY as follows:
1. I was appointed financial controller of Transfer
Technology Limited in 1988 and became Finance Director in 1989.
I left the company in 1994.
2. During the course of 1990 Transfer Technology
Limited carried out certain work for Lock International Plc which
at that time was a company ultimately beneficially owned by Maxwell
interests. It was proposed that Transfer Technology Limited receive
a management fee of £200,000 in respect of this work (the
"Management Fee"). In May 1991 the business of Transfer
Technology Limited and Lock International Plc were combined into
the business which is known as TransTec Plc.
3.. I have been asked to swear this Affidavit
to set out my recollection as to whether or not Transfer Technology
Limited or any associated companies received the Management Fee.
To the extent that matters to which I refer to in this Affidavit
are within my own knowledge they are true.
4. To the best of my knowledge, information and
belief neither Transfer Technology Limited or any associated companies
ever received the Management Fee. Equally I am unaware that Geoffrey
Robinson ever received a payment himself either direct from Maxwell
interests or through Transfer Technology Limited or its associated
companies. My recollection is that in the end the Management Fee
was never paid. As Finance Director of Transfer Technology Limited
I would obviously be aware of such a large receipt by the company
or its subsidiaries.
|Sworn by ROGER DAVIS
|at Chard Somerset
|[Signed by Roger Davis]
|on the 29th day of June 1999
A Solicitor/Commissioner for Oaths