One of the music industry's leading accountants avoided contempt of court proceedings at the final hour last week after it was alleged monies have left the accounts of the group Suede.
Under the terms of a court order obtained against him by the band's management company Interceptor Enterprises, FR Dixon & Co partner Frank Dixon had been required to open the group's financial books to scrutiny by late Friday afternoon. He is believed to have avoided contempt proceedings by supplying documents just prior to this deadline.
The court order was made after Dixon, whose clients also include Primal Scream and Beth Orton, had been asked for clarification about the whereabouts of funds which have left the group's accounts. It is also understood that the accountant's assets have been frozen under the order.
Contacted last Friday (28/7/00) evening, Interceptor partner Bennie Brongers confirmed an order had been made against Dixon and that he has supplied documents, but adds it will take days to sift through them. "He is complying currently," he says. Interceptor has now switched accountants to handle the Nude act's books.
Dixon's office says the accountant is on "sick leave".