SRA pays out over £9m to former clients of Wolstenholmes
The Solicitors Regulation Authority has so far paid out more than £9m to former clients of Cheshire firm Wolstenholmes.
The SRA closed down the firm, which had offices in Cheadle and Birmingham, last year, on the grounds of suspected dishonesty and breaches of the solicitors’ accountancy rules.
An SRA spokesman confirmed it had paid out £9.4m from the solicitors’ compensation fund to the firm’s former clients, after investigating more than 550 applications. However, he was unwilling to speculate over what the final figure would be.
Five solicitors at the firm – Imran Hussain, Helen Murgatroyd, Bobby Shabbir, Bilal Khawaja and Nasser Ilyas, had their practising certificates suspended in December. Since then Khawaja, Hussain and Shabbir have been allowed to practise, subject to certain conditions.
Comments
Perhaps the SRA would care to
[This comment has been removed by the moderator]
No, no no, Marshall Hall-you
No, no no, Marshall Hall-you haven't got it!
The SRA and the Law Society don't want a profession! They want a trade regulated by box-tickers, but with the liabilities of a profession.
Obviously it is in the public interest for the profession to be destroyed-certainly all actions of those in charge point that way.
And no, they won't explain how they've spent £9M of our money-they are the masters and believe they are unaccountable (and they're right!)