Belize Oil

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:00:11. > :00:16.Tonight on Spotlight. On the trail of Tony Quinn. Visionary, guru,

:00:16. > :00:21.hypnotist. The purpose of life is to experience life, not to see it

:00:21. > :00:25.on -- sit on the side line and think about it. Life coach and

:00:25. > :00:29.saviour to some, cult leader to others. He raised a fortune from

:00:29. > :00:32.thinks believers, but we uncover claims that he has exercised a

:00:32. > :00:36.sinister influence over them. Most extraordinarily of all, the inside

:00:36. > :00:41.story of how two of his followers from Northern Ireland struck oil in

:00:41. > :00:48.Central America and founded a multi million dollar business. I have to

:00:48. > :00:54.tell you, it has been an amazing journey. Only to fall out over

:00:54. > :00:59.Quinn's role in the firm. It's been a long, hard, tough time. Tougher

:00:59. > :01:03.than anybody could possibly imagine. It began as a fairytale, with

:01:03. > :01:07.adventure, exotic locations and outrageous fortune. How did the

:01:07. > :01:11.dream go wrong? Questions surround what tbg and his supporters have

:01:12. > :01:15.done with a fortune in oil money -- Tony Quinn. Something we put to him

:01:15. > :01:19.when Spotlight tracked him down overseas. Dr Quinn, are you going

:01:19. > :01:29.to pay back INE the money, the millions that the shareholders say

:01:29. > :01:47.

:01:47. > :01:51.I'm watching a promotional film for a highly controversial self-

:01:51. > :01:55.improvement therapy called Educo. My turnover of my business shot

:01:55. > :02:02.through the roof. It was incredible. It went from �8,000 a week turn

:02:02. > :02:09.yofr to �0,000, effortlessly. goes beyond belief. It's a new way

:02:09. > :02:14.and a new dimension of living. promises to change your life.

:02:14. > :02:19.can't believe I went through an operation without anaesthetic.

:02:19. > :02:26.is not possible for the first time ever to take control of ageing and

:02:26. > :02:29.indeed health. You are in a position to produce what I call

:02:29. > :02:34.designer lives. Educo, the educational system of the future,

:02:35. > :02:40.today. It is the brain child of Dr Tony Quinn, Irish yoga teacher

:02:40. > :02:45.turned business guru. His courses cost anything up to Sum Sum a time.

:02:45. > :02:50.I wanted to investigate claims that he exercises a strange influence

:02:50. > :02:56.over his believers. In particular, the story of a feud between two of

:02:56. > :03:02.his former followers, two women from Northern Ireland Susan Morrice,

:03:02. > :03:08.a renowned geologist from Belfast. Her former business partner,

:03:08. > :03:11.Fermanagh woman, Sheila McCaffrey. Both had started as fans of Tony

:03:11. > :03:14.Quinn's teachings. When I'm working with people, what I try and do is

:03:14. > :03:20.take out everything that's possible and put it in front of them. They

:03:20. > :03:30.choose how far they want to go. I would discover, the women

:03:30. > :03:36.

:03:36. > :03:39.disagree on him and they can't An annual meeting in Dublin of

:03:39. > :03:44.International Natural Energy. On the right, Susan Morrice, company

:03:44. > :03:48.Chairman. On the left, Sheila McCaffrey, her former Chief

:03:48. > :03:53.Executive. The meeting descended into chaos. No actual business

:03:53. > :03:57.seemed to be getting done. Shareholders seem in one way,

:03:57. > :04:04.mystified, but there are plenty of angry shareholders in there too.S

:04:04. > :04:09.can hear now with the shouts in the background. At stake was the very

:04:10. > :04:12.future of the company, but for many, what was most striking was the

:04:12. > :04:17.animosity between Morrice and McCaffrey. Shareholders were taken

:04:18. > :04:22.aback. It was quite extraordinary day. I've never seen anything like

:04:22. > :04:27.it. It was clash of the titans. Two female directors absolutely

:04:27. > :04:31.fighting the piece out. The whole floor erupted. More people were

:04:31. > :04:34.standing than sitting. There was shouting. Complete disorder. It was

:04:34. > :04:40.a call to order a few times. There were seven American lawyers there.

:04:40. > :04:46.They couldn't control the situation at all. Were you shocked to see the

:04:46. > :04:51.goings on? Yes. I expect that adults would behave with a little

:04:51. > :04:54.bit more decorum than that. It was a disgrace. Susan Morrice's

:04:54. > :04:57.leadership had been attacked. It was her relationship to Educo and

:04:57. > :05:02.Tony Quinn that was under examination. Exactly what position

:05:02. > :05:06.did he have in the company's balance of power? After the meeting

:05:06. > :05:11.imploded, shareholders seemed to have made up their own minds.

:05:11. > :05:16.Quinn has complete control over her. He's the puppet master, she's the

:05:16. > :05:19.puppet. God help her, he has complete control of that lady.

:05:20. > :05:23.as serious, Susan Morrice had been accused of spending major amounts

:05:23. > :05:28.of company money on herself. I put that to her as she was leaving with

:05:28. > :05:33.the wife of her late business partner. Shareholders believe that

:05:33. > :05:38.you are using the company as your personal bank. Absolutely not.

:05:38. > :05:43.That's total lies. Total lies. shareholders say you are still

:05:43. > :05:46.under the influence of Tony Quinn, is that truet? That is absolutely

:05:46. > :05:49.ridiculous. Susan would file a complaint with police about

:05:49. > :05:54.disruption at the meeting. As she left, she may well have reflected

:05:54. > :06:00.on how she and Sheila had become such enemies after years of

:06:00. > :06:05.friendship. The two women had met on the lawn of the White House over

:06:05. > :06:11.a decade ago at an event promoting trade in Northern Ireland. Both

:06:11. > :06:16.were young entrepreneurs. Susan was already a world renowned geologist.

:06:16. > :06:20.Prospects are improving, Susan Morrice? Yes, they are. With this

:06:21. > :06:24.particular type of technique we are using we can get an idea of the

:06:25. > :06:29.structures or the hills underneath the ground. Sheila, here in her

:06:29. > :06:35.native Fermanagh, was a business woman on the up. We have about

:06:35. > :06:40.roughly half of it dedicated to office accommodation for computer

:06:40. > :06:49.workers. It was their later deveetion to Educo and Quinn that

:06:49. > :06:54.would lead them to their greatest success --devotion. Belize, Central

:06:54. > :07:00.America. For 50 years, petroleum giants had tried and failed to find

:07:00. > :07:08.oil here. But Susan Morrice and Sheila McCaffrey's company struck

:07:08. > :07:14.oil first time. It was an average dale in Belize, hot, 40 degrees. We

:07:14. > :07:19.were... Everybody was anxious. It was a... You know, a make-or-break

:07:19. > :07:27.day as far as we were concerned. People assembled on the site, at

:07:27. > :07:30.dawn, coming up to 5.30 am. The sun rose over Spanish lookout. Did I

:07:30. > :07:34.think the world would be a different place by the time the sun

:07:34. > :07:44.went down? I hoped it woofplt I dreamed it would. This is -- would.

:07:44. > :07:45.

:07:45. > :07:49.I dreamed it would. This is the moment their lives changed. Yeah!

:07:49. > :07:54.It was a moment mouse day for everybody involved. I never seen so

:07:54. > :08:04.many grown men cry in my life. Susan and Sheila's company had

:08:04. > :08:05.

:08:05. > :08:09.struck black gold. Hundreds of millions of dollars' worth of oil.

:08:09. > :08:14.The Belize oil strike had its origins in the Educo seminars. Both

:08:14. > :08:19.women had taken part in them and had been taught "dreams can become

:08:19. > :08:23.reality." It was Sheila who introduced Susan to the life-

:08:23. > :08:31.changing course. A concept that Susan continues to champion to this

:08:31. > :08:36.day. That seminar allowed me to join the dotts. It was like a major

:08:36. > :08:44.Eureka moment, when I realised that this life that courses through all

:08:44. > :08:54.of us, that is our very being, is quite a separate part than the

:08:54. > :08:55.

:08:55. > :09:00.group of thoughts of mind sets that we believe are ourselves. Educo

:09:00. > :09:06.promised a very different approach to business, life and the power of

:09:06. > :09:13.the mind. Susan even promoted it on her website. Educo makes many

:09:13. > :09:16.claims about its benefits. Many psychologist maintain we are only

:09:16. > :09:22.using a small percentage of our minds. Vair yours estimates have

:09:22. > :09:26.been offered from as high as 10% to as low as 5%. The science behind it

:09:26. > :09:31.is questioned. I would be very sceptical of that there. In fact, I

:09:31. > :09:35.would go so far as to contend that and say it's nonsense in many ways.

:09:35. > :09:40.I mean, when they say about using more of your mind. They say that we

:09:40. > :09:46.only use 10% of our mind. Which is incorrect. That is something that

:09:46. > :09:50.has been a myth in psychology for a number of years. Dr John Butler is

:09:50. > :09:55.an expert in hip know therapy and a long time critic of Educo and it is

:09:55. > :09:58.emphasis on money. Educo is a mind development system that promotes

:09:58. > :10:02.the idea that by studying the course information they have, you

:10:02. > :10:07.will improve your quality of your life. It has a very strong emphasis

:10:07. > :10:11.on material success, but it also applies to what they call "gaining

:10:11. > :10:15.more life" being more in touch with life. It has a quasi-spiritual

:10:15. > :10:21.aspect to it. It sounds positive. It sounds like a life-changing

:10:22. > :10:25.force? That's the claim. Yeah. That's what people are promised.

:10:25. > :10:29.Whatever the real benefits of Educo, there is no doubt that Susan and

:10:29. > :10:33.Sheila were grateful to Quinn as the inspiration behind their

:10:33. > :10:37.success. They gave him a vast shareholding in the company. He

:10:37. > :10:47.would soon get a seat on the Board too. Quinn would benefit hugely

:10:47. > :10:52.

:10:52. > :10:57.from the company, certainly more County Down. The oil venture had

:10:57. > :11:03.been funded partly by other followers of Quinn's teachings. One

:11:03. > :11:07.of them, a retired nurse living in Donaghadee. I needed to break out

:11:07. > :11:15.of the rut that I was in. It seemed to me to be a door that was opening

:11:15. > :11:19.that was, perhaps, worth pursuing. Margaret Coutts' husband had died.

:11:19. > :11:24.She felt she needed to rebuild her life. She signed up for the Educo

:11:24. > :11:28.course. Margaret hoped it would improve her life dramatically.

:11:28. > :11:36.was... I felt it was going to help me, it wasn't very long after I'd

:11:36. > :11:46.lost my husband, and I was fighting to find a way that I could live

:11:46. > :11:48.

:11:48. > :11:53.Margaret had paid for a two week Educo seminar. Held in Las Vegas,

:11:54. > :11:58.it cost around �12,000. I had never done any travelling and I thought,

:11:58. > :12:07.well, this is an opportunity to go somewhere that I won't probably go

:12:08. > :12:10.again. Staying at Caesar's Palace. It was the two things. What were

:12:10. > :12:20.you paying for apart from the accommodation and the flights? What

:12:20. > :12:20.

:12:20. > :12:29.were you getting for your money? find that really difficult to

:12:29. > :12:34.answer because, the more I think about it, the less I got for it.

:12:34. > :12:44.Margaret had been encouraged to fund the oil exploration dream,

:12:44. > :12:45.

:12:45. > :12:48.like other Educo followers. Ralph McCutcheon from County Down was an

:12:48. > :12:52.aindividual Educo follower. Encouraged by what he believed to

:12:52. > :12:57.be its positive, go-getting message. In common with a lot of the people

:12:57. > :13:02.who had been on the course, I had been through hard times. I had lost

:13:02. > :13:07.my marriage, I'd lost my home. The only way was up. He happily put

:13:07. > :13:12.money into the scheme to hunt for oil. When I first met him, he said

:13:12. > :13:18.he had never seen a profit or full audited accounts. Shareholders like

:13:18. > :13:23.Ralph complained they were kept in the dark. They started asking

:13:23. > :13:26.awkward questions. We didn't exist. Some of us formed a shareholders

:13:26. > :13:30.action group because we were so concerned that we couldn't get any

:13:30. > :13:34.information from the company, we weren't getting AGMs, we weren't

:13:34. > :13:38.getting any information at all. We weren't getting accounts. We were

:13:39. > :13:43.being completely disregarded. We put the money in. Quinn's role in

:13:43. > :13:49.the company had grown. He even wrote directly to shareholders to

:13:49. > :13:53.celebrate their success. What did you think when you heard Tony Quinn

:13:53. > :14:03.had been given a substantial amount of shares in the company? Where did

:14:03. > :14:03.

:14:04. > :14:10.the shares come from? Who gave them to him? Who paid for them? Why

:14:10. > :14:13.should he be given shares? With the amount of money he has, why didn't

:14:13. > :14:20.he buy them? Why didn't he get involved when the thing was getting

:14:20. > :14:23.offer the ground? He waited until it was a functioning company and

:14:23. > :14:32.producing oil. He didn't want to have anything to do with it prior

:14:32. > :14:38.to that. A lot of questions. George Hamilton is a former Educo follower.

:14:38. > :14:41.In one year, he had spent an incredible �70,000 euros on Quinn's

:14:41. > :14:47.seminars. He invested thousands in the oil company. When I met him, he

:14:47. > :14:52.hadn't seen a cent. According to George Hamilton, Quinn spoke at a

:14:52. > :14:56.rare meeting of INE shareholders in 2007. He said that he was advising

:14:56. > :14:59.the Board. He said that the advice he had given them was that they

:14:59. > :15:03.were giving out too much information. He would be advising

:15:03. > :15:07.them to give out very little information. Quinn was now a fellow

:15:07. > :15:12.director, but Sheila McCaffrey was becoming sidelined. A new Chief

:15:12. > :15:18.Executive was appointed, replacing her. She would later be removed

:15:18. > :15:21.from the company altogether. INE, under Susan Morrice's Chairmanship,

:15:21. > :15:27.would later say that Sheila did not have the required expertise, the

:15:27. > :15:32.company had outgrown her. company didn't outgrow me. The

:15:32. > :15:37.company... It went from being an exploration company and it suddenly

:15:37. > :15:42.found oil. It's easy for people to look back now and make assumption

:15:42. > :15:50.about what happened during the period of time I was there. I

:15:50. > :15:59.actually do know what happened. This... Freeze out, of me that

:15:59. > :16:02.happened, was purposely orchestrated, designed and executed

:16:02. > :16:12.perfectly. We asked Tony Quinn if he was responsible for side lining

:16:12. > :16:13.

:16:13. > :16:21.Sheila? He denies this. Other shareholders were growing rest lest

:16:21. > :16:25.Db restless. The scheme was bringing in big bucks. It was such

:16:25. > :16:29.a success. An oil firm worth hundreds of millions of dollars.

:16:29. > :16:34.Well, the shareholders were starting to have a voice and people

:16:34. > :16:39.wanted to know what was happening to the company which they had

:16:39. > :16:42.invested in, basically. There weren't proper accounts. There

:16:42. > :16:46.wasn't transparency. People didn't know where the money had gone, if

:16:46. > :16:53.the company had made any money or lost money or made money. It's just

:16:53. > :16:58.a normal thing companies should do, file accounts and produce books,

:16:58. > :17:02.basically. Which seemed to be impossible. Shareholders were in

:17:02. > :17:06.open revolt. Sheila McCaffrey had not only been moved aside. Acting

:17:06. > :17:10.on information, supplied by the company, police in Belize issued a

:17:10. > :17:17.warrant for her arrest. Company property had allegedly been stolen.

:17:17. > :17:22.Sheila was dismissed. Susan brought in new blood. Her cousin joined the

:17:22. > :17:26.Board. My name is jstqust I'm orginally from Belfast in Northern

:17:26. > :17:31.Ireland. When Susan asked me was I truly fulfilled I could feel it

:17:31. > :17:35.inside me. I knew I wasn't. So I jumped at the chance and attended

:17:36. > :17:41.the two week Educo seminar in the Bahamas. To say that the Educo

:17:41. > :17:46.seminar was transforming would be an under statement. Josh Stewart's

:17:46. > :17:50.devotion to Educo made him an ideal candidate to team up with his

:17:50. > :17:54.cousin Susan on the board of INE. It seemed Educo and INE's

:17:54. > :18:00.leadership were almost becoming one, united under Tony Quinn's guidance.

:18:00. > :18:04.A new rule had been introduced. Any further investors would have fo

:18:04. > :18:09.attend Tony Quinn's Educo courses. This commercial law expert, who

:18:10. > :18:12.examined the issue for us, questions that rule. This was very

:18:12. > :18:17.odd particularly because the training courses don't seem to

:18:17. > :18:20.serve any purpose, so far as the business is concerned. To that end,

:18:20. > :18:26.there would be a question whether there would be a conflict of

:18:26. > :18:29.interest there. When a shareholder promotes the company for the gain

:18:29. > :18:36.of his own personal pursuits or another company that he has an

:18:37. > :18:40.interest in, that is a serious conflict of interest The The

:18:40. > :18:45.company say this was a short-term measure for four months to protect

:18:45. > :18:50.INE. Another new allegation now surfaced. Some INE shareholders we

:18:50. > :19:00.spoke to claimed they were being spied upon and that that came to

:19:00. > :19:00.

:19:00. > :19:04.light last year. After the last AGM we had a meeting, that's the

:19:04. > :19:10.shareholders who feel that things aren't right, at that meeting there

:19:10. > :19:15.was a person in the lobby videoing us coming out of the lift.

:19:15. > :19:21.actually followed one of the agents after a meeting in Dundalk. We

:19:21. > :19:28.identified him as a private agent. INE strongly deny they were ever

:19:28. > :19:33.involved in any spying. A number of years had passed since INE hit oil.

:19:33. > :19:40.People like Ralph had yet to see a payout. This was becoming a

:19:40. > :19:47.critical issue. He needed funds fast. His home was now on the line.

:19:47. > :19:53.Others were anxious too. You are generally unhappy though with the

:19:53. > :19:59.way it has been run? I think there needs to be a big window opened on

:19:59. > :20:04.what has been going on. I think the answer to that is, no, I'm not

:20:05. > :20:09.happy. INE claims that it was merely a small number of "dissident

:20:09. > :20:11.investors" who were upset with the company. In a court case in the

:20:11. > :20:18.British Virgin Islands, Sheila tried to get the company to buy her

:20:18. > :20:21.out or be wound up. She didn't succeed. INE claimed that she was

:20:21. > :20:27.motivated by a desire to destabilise it on behalf of a rival

:20:27. > :20:31.firm. The judge had some serious things to say about INE. He found

:20:31. > :20:35.that Quinn should never have been made director of the company. Under

:20:35. > :20:41.its own rules. He criticised the way he and Susan Morrice had been

:20:41. > :20:45.running INE. The judge also painted a picture that appeared to reflect

:20:45. > :20:49.what small shareholders had been saying. I had been tipped off that

:20:50. > :20:59.Dr Quinn was out of the country, giving an expensive mind masters

:20:59. > :21:02.seminar in the sun. I tracked him down to Tenerife. What he and Susan

:21:02. > :21:07.had been up to while at the Helm of INE was now beginning to emerge,

:21:07. > :21:10.thanks to the court action. Tony Quinn and Susan Morrice had told

:21:10. > :21:15.investors that they couldn't pay a dividend because their banks

:21:15. > :21:18.wouldn't let them. The judge had found there was no evidence of this.

:21:19. > :21:25.Now, if shareholders wanted any money they had to apply to their

:21:25. > :21:31.own company for a loan. The judge described this as a bizarre

:21:31. > :21:34.arrangement, designed to punish shareholders of whom Susan Morrice

:21:34. > :21:40.and Tony Quinn disapproved. Quinn though was able to tap into the

:21:40. > :21:43.scheme to the tune of �1.6 million. INE maintains it had paid out

:21:43. > :21:50.millions to investors. While loans had been issued the judge in July

:21:50. > :21:55.said no dividends had been paid. There were further revelations.

:21:55. > :22:02.Quinn's time on the Board was certainly eventful. Almost $2

:22:02. > :22:04.million had been spent on security and what was described as "counter

:22:04. > :22:09.survellance." Susan Morrice and Tony Quinn claimed their lives were

:22:09. > :22:13.under threat. What the judge called "a private army" had been assembled

:22:13. > :22:16.for Quinn, all with company money. For at least one court room

:22:16. > :22:22.observer what was apparent was Tony Quinn's hold over Susan. A hold she

:22:22. > :22:25.continues to deny. My impression, from talking to Susan and from

:22:25. > :22:29.attending the trial, would be that she is very much under the

:22:29. > :22:34.influence of Tony Quinn. She greatly admires Tony Quinn. She

:22:34. > :22:38.defers to him and she deferred to him in the running of the business.

:22:38. > :22:42.Giving her evidence during the trial she was emotional on various

:22:42. > :22:45.occasions, including at times when relating how Tony Quinn and herself

:22:46. > :22:50.were threatened, or as she said, they came under death threats and

:22:50. > :22:54.other types of threats and felt the need to spend money, large sums of

:22:54. > :22:58.money on survellance and close protection security. Do you feel as

:22:58. > :23:04.if you might have been under survellance? I know I have been

:23:04. > :23:10.under survellance. How does that make you feel?

:23:10. > :23:17.have to make various substantial changes every day in what you're

:23:17. > :23:25.doing. It affects your children. It affects... Everything about your

:23:25. > :23:35.life. And who you talk to. The fact that it changes everything. It

:23:35. > :23:40.changes everything about your life. It is the most deepest forms of

:23:40. > :23:44.infringement of your personal security and personal things that

:23:44. > :23:48.you do every day. Everything is compromised. Susan Morrice denies

:23:49. > :23:54.she ever hired security experts to harass and intimidate shareholders

:23:54. > :23:58.or her former friend. The court case would suggest that Sheila's

:23:58. > :24:03.departure may well have been inevitable "just business". Her

:24:03. > :24:07.treatment, however, was anything but, according to the judge. We can

:24:07. > :24:15.carefully analyse what has happened, back since 2009. If people want to

:24:15. > :24:23.freeze you out, they will stop at nothing doing it. It has been a

:24:23. > :24:33.long, hard, tough time. Tougher than anybody could possibly imagine.

:24:33. > :24:38.

:24:38. > :24:44.And... The judge said there had been a "deliberate policy to make

:24:44. > :24:52.Sheila McCaffrey life as difficult as possible." Susan and her cousin

:24:52. > :24:57.Josh Stewart had also wrongly spent $200,000 of company money attending

:24:57. > :25:01.Quinn's Educo courses. This company is, in one sense, off the rails

:25:01. > :25:07.because the board leading up to the trial of this case was running this

:25:07. > :25:11.company outside of the rule book. They were running it as they wished.

:25:11. > :25:16.The rights of a large majority of the shareholders have been entirely

:25:16. > :25:21.ignored. So, from my view, from reading the judgment, the judge was

:25:21. > :25:26.very critical of the way in which this company was run. I would

:25:26. > :25:30.perceive this as an indictment on the way in which these people have

:25:30. > :25:35.run this company. Quinn's allocation of nearly $16 million in

:25:35. > :25:42.shares is now in question. In all, millions of dollars of INE money

:25:42. > :25:46.has found its way to Quinn, via a loan, Educo seminars and the shares.

:25:46. > :25:52.He should never have been on the Board. I wanted to know if he

:25:52. > :25:57.intended to pay that money back? Time to talk to Tony. It's the

:25:57. > :26:00.first time that Educo has come to Tenerife. This luxury hotel is the

:26:00. > :26:04.location Tony Quinn has choosen to introduce new members to the Educo

:26:04. > :26:10.way of life. Both tbg it can and Susan Morrice had declined our

:26:10. > :26:16.requests that they be interviewed for this programme. -- Tony Quinn.

:26:16. > :26:21.Are you going to pay back the INE shareholders the money they say you

:26:21. > :26:25.owe them? Are you going to pay back INE the money, the millions the

:26:25. > :26:30.shareholders say you owe them? Have you any comment about the money

:26:30. > :26:36.that the INE shareholders say you owe them? Following his removal

:26:36. > :26:40.from the INE Board, his role and shomeding in the company remain

:26:40. > :26:44.unclear. After I tried to put questions to him, Dr Quinn later

:26:44. > :26:49.contacted us saying he had nothing to do with Sheila's departure.

:26:49. > :26:53.Actually abstaining from the vote to cast her out of INE. He also

:26:53. > :26:59.denies hypnotising anyone. Susan Morrice denies using company money

:26:59. > :27:02.wrongly, but still advocates the Educo courses for staff members.

:27:02. > :27:07.What of Dr Quinn's vast shareholding in the company. This

:27:07. > :27:11.is the letter apparently granting Quinn his shares. A judge found it

:27:11. > :27:16.was a forgery back dated to Lee gitmiez the transfer. Sheila denies

:27:16. > :27:21.she was party to this and said she had not signed the letter. INE now

:27:21. > :27:27.claims that this undated photo is proof she lied to the court. It

:27:27. > :27:35.also says the photo is backed up by accounts from eyewitnesses to the

:27:35. > :27:40.event. Sheila denies any wrong- doing. A week before my encounter

:27:40. > :27:45.in Tenerife, just before the investors' Annual General Meeting,

:27:45. > :27:51.INE had finally made a multi million dollar payout of dividends.

:27:51. > :27:56.The last-minute payout had done little to quell anger among

:27:57. > :28:00.shareholders. They were demanding wholesale reform of INE. Many

:28:00. > :28:04.seemed willing to back Sheila McCaffrey, who has yet to receive

:28:04. > :28:09.her dividend. I'm happy today. I haven't been happy up until today.

:28:09. > :28:15.Hopefully, today is the day when things start to change. Sheila has

:28:15. > :28:22.been reinstated as a cr director. She needs to be giving back bg --

:28:22. > :28:26.backing from the company. Susan contests all of Sheila McCaffrey's

:28:26. > :28:30.allegations and says that every aspect of the company's operation