Screen East Goes Bust, Finance Chief Arrested For Theft

UPDATE: The UK government agency supporting the film industry in East Anglia has gone out of business because of financial problems. Finance manager Melvin Welton has been arrested on suspicion of theft. Laurie Hayward, CEO, told local newspaper Norwich Evening News: “The directors of Screen East have concluded that the company is insolvent and can’t meet its debts as they fall due. The directors have taken advice and appointed an insolvency practitioner to take the company into administration. We’ve no further comment at this time.” Hayward confirmed that Welton had been arrested though and a police spokesman said: “Norfolk Constabulary can confirm that a 61-year-old man from Great Yarmouth has been arrested on suspicion of theft and released on bail pending further inquiries.” (more…)

This article was printed from https://deadline.com/2010/09/screen-east-goes-bust-finance-chief-arrested-for-theft-65862/