The spiritualists, the offshore company and the case of the extra millions

Charity headquarters in Belgrave Square, London, sold for ? 6m then immediately sold for ? 15m profit

Sir Arthur Conan Doyle, creator of Sherlock Holmes and a spiritualist burning sensation, could become a detective story and called the case of millions more.

The Charity Commission is examining concerns about the curious form ? 15m left in the sea after the Spiritualist Association of Great Britain gave up his seat in London in 2011.

President sat allegedly Conan Doyle to write his Sherlock Holmes stories usually have a place of honor at the association's headquarters, which was until recently one of the most large areas of London, 33 Belgrave Square, close to the embassies of Bahrain, Portugal and Mexico.

The lease Georgian mansion was purchased in 1955 by what now seems paltry sum of ? 24,500, and the building was opened by another fan of clairvoyance, Air Chief Marshal Lord Dowding, who led Fighter Command during the Battle of Britain.

Then, in 2010, realized that despite his spiritualist sessions and world media was not so fashionable, they were sitting on a gold mine due to higher prices of goods Central London.

The 1,300 members said operating costs were "becoming expensive" and the building was closed in December 2010. It sold, and decanted spiritualists in rented rooms behind Victoria Station.

But an investigation by The Guardian discovered the sale was unusual characteristics. The first was that spiritualism trustees sold the 4,600 square meters (15,000 square feet) to a buyer remains secret.

Manager

Charity, Annie Blair, the daughter of his then secretary, Stella Blair, said: "We were asked to sign a confidentiality agreement by buyers ... We can not give any information or discuss anything relating to the sale. "

The Guardian has established, however, that Belgrave Square was sold for what now appears as the relatively small sum of ? 6 million for a company offshore entity registered in the British Virgin Islands ( BVI), called Platinum Prime Property Investments Ltd The British Virgin Islands is known to allow British owners to hide their identity.

The second is that, according to documents obtained by The Guardian, Platinum Premier immediately agreed to sell the property. The strangest thing of all is that should be sold to a third party, for the sum of ? 21m increased massively.

According to land registry records, 21 million was paid by a second entity BVI, Rose Season Enterprises Ltd. This is controlled by the interests of the family Barclay brothers, owners of the Ritz London and the Daily Telegraph. Sources say that property has been designed as a possible home in London by Howard Barclay, the son of David Barclay.

• sources close to Barclays said he bought the lease of 31 years in the house in Belgrave Square Plate in good faith first, but not aware of the true identity of the owners. Family experts are property investors, who then put on the market Belgrave Square around ? 26 million. There is no indication of an offense for Barclays.
• Following these operations opaque ? 15m profit corporation seems to have traveled by sea, and members of associations spiritualists, AGAS seem to have won only a fraction of the market value of its apparent assets. Platinum Premier did not respond to invitations for comment sent through its local agent to Tortola in the British Virgin Islands.

We asked the current president of AGAS, official Charles Hutchinson, and individual directors are not paid on such transactions. All declined to comment.

Julian Goulding, a lawyer representing the administration Guildford, wrote that the sale was made under an "independent evaluation" and "knowledge" the Charity Commission. He denied that AGAS was wrong. He refused to reveal the identity of the independent expert, if the sale was announced, and what the exact details were delivered in time for the Charity Commission

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