Braganza World

We have talked to Carol McCartney, who was the intermediary between the builder and Churchills in marketing the Braganza World properties. She experienced at first hand the business practices of Karl Goldthorpe and Paul Wade. She says that they were very slow in sending deposits for Braganza World to the builder from April 2007. After much hassle she managed to get 116 first deposits sent to Braganza Constructions, but estimates that there are 40-50 other deposits that were never sent by Churchills. In December 2007 she blew the whistle on what was going on by insisting that Churchills set up a seperate account in the UK only for Braganza World deposits and she insisted on seeing evidence of that account. They ignored that demand and she then decided to open up what was happening. In an ongoing dialogue, she accused Karl of fraud and copied in all the Churchill staff with her opinion and the response she was getting from the directors. Karl and Paul were abusive and threatening to her, but she continued to insist on this account being set up. At this point, she says Andrew Jonathan Kemp Goldthorpe and Naren Cox left CIS. Wade left officially in October 2007 but there was ongoing dialogue between him and Goldthorpe re. missing money. Churchills continued to take deposits on the Braganza development in 2008, although none of these were passed on.

She says that Ryan Braganza (the developer of Braganza World) is, in her opinion, an honest man, who has been caught up in a difficult political situation in Goa that is entirely seperate to the Churchills issue. But she thinks he is genuine in trying to put together a proper development.

See this site for further details of efforts being made to recover deposits.