BNP facing winding up petition?.

And it's goodnight from me, and it's goodnight from him..

The BNP is insolvent and could be wound up within days with it's members picking up the tab for the parties unpaid bills as creditors start legal proceedings. Reporter Chris Fay, in his most recent article published in The Northern Echo reports that "The British National Party is being taken to court by its creditors including a North East printing firm which is owed thousands.

The party’s central office owes the Newton Press, in County Durham, about £16,500 for printing its newspaper, Freedom. It is understood the firm is one of several UK firms taking the BNP to court in an action headed by an as yet unnamed solicitor.

The £16,500 has been described as loose change compared to the overall figure being sought from the party, which is allegedly £500,000 in debt. Party leader Nick Griffin is expected to meet North East organisers in County Durham today, where he will face tough questions over the party’s finances.

As a political party the BNP is an unincorporated association which cannot technically be declared bankrupt. However, creditors could hold Mr Griffin personally liable along with party members who entered into contracts. Freedom’s former editor, Martin Wingfield, said he enjoyed an excellent working relationship with the Newton Press for about two years until he stepped down, in July last year.

But, when asked about the recent debt, he said: “I understand the case is going to court, so at present, I cannot comment further.” The BNP’s money woes were highlighted recently when a letter purporting to be from the party’s head office offered creditors 20p for every pound of debt.

It was dismissed by some members as a fake, but the BNP’s former North-East organiser, Ken Booth, said it was genuine. He said party members in the North-East were disgusted to learn of the 20p in a pound offer and he had fought for the Newton Press to be paid."

Source.

Could the sudden unexpected departure of Griffins financial Genius Jim Dowson under less than 'good terms' be a case of the rats deserting the sinking ship?..

Pip pip