Rakesh Saxena new place of business

Rakesh Saxena new place of business

Posted in the Victoria Forum


Zaragoza, Spain

#4 Aug 29, 2008
Amrit Sarup also has accounts in Vancouver which are also under the total control of Rakesh Saxena and are used for the processing of money out of his stock promotions.

Zaragoza, Spain

#5 Aug 29, 2008
Feb. 7--Siam Commercial Bank has appointed two new senior executives to help oversee its internal reforms, including the half-brother of Rakesh Saxena, a former executive of the defunct Bangkok Bank of Commerce who is now fighting extradition from Canada.

However Deepak Sarup, a former auditor with Deloitte Touche Tohmatsu, insisted that he was much different from his sibling.

"We are very different, with different interests, different friends ... I've never done anything wrong professionally in my life," Mr Sarup said.

Vichit Suraphongchai, SCB's executive chairman, said the bank studied Mr Sarup's background before offering him the position. "The bank and the board looked at all the details, including whether Mr Sarup's style was similar to Mr Saxena's, his friends, associates and colleagues.

"Everyone said the same thing -- Mr Sarup was not similar to Mr Saxena, that he was a straightforward person and that if he had a flaw, it was that he worked too hard."

Mr Sarup, as senior executive vice-president, will oversee SCB's reforms, ensuring that restructuring meets deadlines and set budgets.

SCB has announced restructuring plans for eight major areas: branch redesign, retail sales stimulation, corporate and small and medium-sized business models, credit process redesign, credit workout enhancement, corporate function redesign, information technology and work processes.

Mr Sarup said that his prior work included helping restructuring at Laem Thong Bank, as well as auditing IT functions at SCB and other work at Bangkok Bank and Bank of Ayudhya.

Dr Vichit said the benefits of the reforms were expected to show up in the next few years, through improved corporate performance and efficiency in client services.

Overseeing policy for the programmes is a steering committee chaired by Dr Vichit. It includes Khunying Jada Wattanasiritham, the bank's president; Aswin Kongsiri, the executive director; and Bodin Asavanich, a board director.

Michael Than was appointed as senior executive vice-president overseeing personnel development.

Mr Than, recruited from Bangkok Bank, said he was originally reluctant to consider the new post, but decided to accept it after considering the positive changes being made at SCB.

SCB has 10,400 staff, with an average age of 34 years and work experience of about 11 years. Among the 50-plus management staff ranked as senior vice-presidents and higher, the average age is 50. SCB hopes to shift toward a younger, more modern image.

Khunying Jada said the retail market focused primarily on customers aged mostly 20 to 60. The bank hoped to position itself as an institution responding to the needs not only of the younger generation, but also older professionals.

Sources said both Mr Deepak and Mr Than were originally to be appointed as board advisers, but were instead offered full-time positions after difficulties in settling their remuneration.

Even so, the salary for each of the two executives was more than 800,000 baht a month, higher than Khunying Jada's, sources said.

Both Mr Deepak and Mr Than will report directly to the executive board, with authority to set policy. One reason for the direct authority is that the president is already a member of the executive board, making further oversight unnecessary, although several SCB senior executives have expressed worry at how the new structure will operate.

Khunying Jada dismissed the concerns. "If there were no new appointments, the bank would still go on. But we are intent on moving quickly with the process of change, in order to better position ourselves as competition in the banking sector increases each day."

Zaragoza, Spain

#6 Aug 29, 2008
The Siam Commercial Bank


For a picture of Mr Deepak Sarum with his full career history to date.

Zaragoza, Spain

#7 Aug 30, 2008
C. Gatekeeper Issues
Taub’s Involvement with Rakesh Saxena
10. During the Material Time, Taub opened numerous accounts at Brant Securities Ltd.
(“Brant”) for the following individuals and entities:
a. Tidewater Management Corp.,(“Tidewater”), a corporate entity controlled by
Rakesh Saxena,(“Saxena”). Saxena was referred to Taub by another one of
Taub’s clients, Harvey Rubenstein (“Rubenstein”);
b. Amrit Sarup,(“Sarup”) who is Saxena’s mother. Saxena had trading authority
over Sarup’s account;

Zaragoza, Spain

#8 Aug 30, 2008
Company Directors Report

Company Secretary
Appointment Date: 21/11/2007
Date of Birth: 04/12/1926
Present Appointments: 1
Resignations since June 1996: 1

Appointment Date: 21/11/2007
Date of Birth: 13/07/1952
Occupation/Function: CONSULTANT
Present Appointments: 1
Resignations since June 1996: 0

Report Generated: 30/08/2008

Statutory Information
Previous name: None
Registered Number: 06433400
Incorporation Date: 21/11/2007
Registered Office: 44 PANDORA ROAD

Latest Filed Accounts: None
Date Accounts Lodged: None
Accounts Ref. Date: 30/11
Latest Annual Return: None
Issued Capital (GBP): None
Company Status: Not Analysed
Principal Activities: The company has yet to file any accounts at Companies House.
Principal UK SIC Code: Not known
CCJs since January 1992: Number of exact unsatisfied CCJs: None
Number of probable unsatisfied CCJs: None
Number of possible unsatisfied CCJs: None

Holding Company: None
Ultimate Holding Company: None

Company Secretaries

Shares 1000.
Registered to. North Shore Trading Corp
3080 River Road
Richmond. British Columbia
V7C 5N2
Shares taken 1000.

Zaragoza, Spain

#9 Sep 3, 2008
Rakesh Saxena’s latest company vehicle is Quote Platform Syndicate Inc Ltd. A company incorporated in the United Kingdom registered company number 06433400. It was incorporated on the 21/11/2007.

The Company has as its director Rakesh Saxena and the Company Secretary is Amrit Sarup who is Mother to Rakesh and his half-brother Deepak Sarup. Amrit Sarup is 82 years old and has been variously described as a legal consultant or legal scholar although she is not a lawyer.

The Company’s address is 44 Pandora Road, West Hampstead, London, NW 6 1TR. This property is registered as belonging to Deepak Sarup

The house is registered in the name of Title absolute 1 (27.11.2000) PROPRIETOR: DEEPAK SARUP of 44 Pandora Road, West Hampstead, London NW6 1TR. 2 (27.11.2001) The price stated to have been paid on 20 October 2001 was £400,000. It was bought for cash and has no charges against it.

Mr Deepak Sarum works for the Siam Commercial Bank as a Vice President.
In Bangkok.

Rakesh Saxena has been busy promoting the Quote Platform Syndicate through business networking websites. There are two OTCBB corporations that have publicly claimed to have raised substantial sums out of the efforts of Quote Platform Syndicate Inc. The first is 3P Networks Inc.(US OTC:TPNW.PK .3P Networks. The shares are quoted at 2 cents and there have been no filings of any kind that can be looked up on the OTCBB website.

The other is Spirit Exploration Inc.[www.spirit-exploration.co m] On this website is the story that.

“December 10, 2007, Victoria, BC: Spirit Exploration, Inc.(SPXP: Pink Sheets) Spirit announced the completion of the underwriting syndicate securing $20m in asset backed notes. Quote Platform Syndicate is working with Spirit in this transaction. The notes will be for a 5 year term and are comprised of 20,000 units with an issue price of US$1,000 per unit. The Notes are secured by the Company’s Muluncay concession in Ecuador. This financing will be closed upon completion of final documents in December 2007”.

However, the registration statement that had been submitted to the SEC by Spirit Exploration Inc has now been withdrawn.

Is it the usual case with anything connected to Rakesh Saxena on the OTCBB, much is claimed but not substantiated by an examination of the facts?

Are the Thai authorities asset recovery division interested in where the money came from to purchase for cash 44 Pandora Road London in Deepak Sarum’s name? Was it provided by Rakesh Saxena and is that why he is using this property for Quote Platform Syndicate Inc Ltd?

Winter Garden, FL

#10 Feb 11, 2009
The latest attempts to extradite him to face the Courts in Thailand seem to be like the attempts to seize his Canadian assets, not very effective.

Anybody who does business with this person is more than likely to find it a painful and costly exercise with the pain and the cost being entirely placed on everyone involved except Saxena.

He appears to be something of a spent force these days, and from the pictures of him taken recently does not look like a well man, the credit crunch having scuppered former penny stock Corporations Quote Platform was associated with having been abandoned or struck down and so leaving him without the income he was used to getting from that line of business. The usual extravagent claims of QP finding large sums for the Corporations being proved to be entirely fictitious which has been proven when they collapse or are abandoned by the promotors of them.

He may still avoid being sent back, it's a case of watch and see what happens next. However, time is running out for the judicial processes involved.

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