Processos Vol VII
George Robin Crossland
Location: Praia da Luz
He comes to the process as a witness and is helped by an
With relation to his previous statements, when questioned he
wishes to add that the negotiations with regard to the selling
of the Ocean Club began in January 2006, involving as selling
parties, himself, David Symington and John Garveigh, who are all
partners in a company called Luz Oceano II - Exploração
Turística Lda, this company being the owner of the
administrative rights of the different factions that make up the
This firm is registered at the Lagos CRC with the number NIPC
The management of the assets was done by a company with the same
partners called Luz Oceano - Administração de Condominios SA,
registered at the same CRC (Conservatória do Registro Comercial)
with the number NIPC 501614710.
The is a third company called George Propiedades S.A with NIPC
number 504280767 which has the effective ownership of some of
the apartments in the resort, this being the company which,
through its legal representatives, can celebrate legal
negotiations of buying and selling property.
Because of the advanced age of two of the witness's partners and
considering that he also has the intention of withdrawing
himself from active life, came the joint decision by all the
partners to make known their intention of proceeding to sell the
resort to a guest during a dinner at the witness's house. He
only remembers the first name of this person was Andrew who once
saw a friend of the witness, telling him that he perhaps
remembered a company interested in the resort, in this case Mark
Warner. During the first days of January last year, the witness
received a telephone call from Mark Chitty, a partner in that
company with a 50% share, who showed interest in visiting the
resort for a first visit, which occurred, the visitor having
shown interest in acquiring the resort.
The other Mark Warner partner is also British (English), called
Andrew Searle and who holds the remaining share of the capital.
Negotiations took almost one year and culminated with the sale
of the companies Luz Oceano and Luz Oceano II as well as a
rental contract being celebrated for ten years of 27 apartments
owned by George Propiedades.
In the purchasing capacity a company called European Leisure
Holdings Ltd intervened in the whole negotiation, taken on by
the two Mark Warner partners previously identified, being the
purchaser and retained by MW, although by indirect means.
The creation of the Green Trust company was due to the fact that
it was necessary to establish a company in Portugal for
logistical and fiscal reasons.
The witness is not a partner in any Greentrust shares, as at the
moment he has the function of administrator, for a minimum
period of two years, a clause agreed with the purchaser, in the
sense that the witness will pass on these functions to someone
of his trust in the future.
The situation is verified by the will of the purchasing company
to benefit from the witness's know-how.
The sale of the companies Luz Oceano and Luz Oceano II provided
the three partners with a total of 1.85 million Euros,
distributed according to their quotas, the witness holds 30%,
the others hold 35% each.
This value has not yet been fully paid out, the partners
received 25% of the amount agreed upon signing the contract, 25%
was paid in July of this year, the rest will be paid over the
next 5 years, beginning on 1st May 2009, in eight successive
instalments for the value of seventy eight thousand, one hundred
and twenty five euros.
With regard to the rental agreement with George Propiedades,
this legal negotiation presents values of 328.00,00 euros per
year for a total of ten years.
According to what the witness remembers, the contract celebrated
can only be denounced if the selling party's tourist operation
licence is cancelled.
With regard to the disappearance of Madeleine, the witness has
nothing to add to his previous statement.
He says no more. Reads, ratifies and signs.