Our readers were shocked when we told them that Serco has its roots with a British company RCA which can be tracked back to the Queen’s Golden Share. They were equally shocked when they found out how entrenched Serco has been in winning no-bid contracts in the U. S. , one after another, billions of taxpayer dollars.
And who is approving all these contracts? Yep, you guessed it.
Senior Executive Service
What are the origins of Serco? Let’s look at the evidence.
Serco Limited. (Sep. 10, 1929). Memorandum of Association of RCA Photophone Limited. Co. No. 00242246. Companies House.
RCA Photophone Limited. (May 14, 1956). Name Change to RCA Great Britain Limited. Co. No. 00242246. Companies House.
RCA Great Britain Limited. (Mar. 03, 1969). Change of Name to RCA Limited. Co. No. 00242246. Companies House.
R.C.A. Limited. (Jul. 29, 1987). Change of Name to Serco Limited. Co. No. 00242246. Companies House.
Now that you see how RCA was the original Serco, click on the article below to find out how entrenched this foreign group is within the U.S. – from U. S. intelligence services to the immigration office.
Don’t be surprised when you see that all roads lead to Queen Lizzie.
What’s next for Serco, folks? Soylent Green?
Serco appears to be a subcontracting Ponzi scheme that enables massive skimming of bribes down line.
Serco awarded a $1b contract
Subcontracts to X, skims $100m
Subcontracts to Y, skims $100m
Subcontracts to Z, skims $100m
Subcontracts to AAA, skims $100m
Subcontracts to BBB, skims $100m
Subcontracts to CCC, does some work with the $500m left, but probably subcontracts to 20 others, who skim another $499,999,990
Funds provided to micro finance an ant farm for $10.
In other words, Serco does very little work and is primarily a global corporate system for moving dirty money all over the planet.
Crikey has taken a closer look at the extent that Serco contracts outsources to other companies and can reveal that millions of dollars from the detention contract has ended up in some startling places.
Nov. 01, 2010
“The paper trail shows how the tender process allows private companies to further outsource, limiting the abilities of the Department of Immigration and Citizenship to scrutinise the fulfilment of their contracts.”