"[6] The UN is supposedly "legally bound" to respond to a verification request but only as long as the requisite protocols and procedures are followed, otherwise "no response will be received from the United Nations."
"[8] Scott has also stated that the OITC's funds are "held in the Institutional Parent Administration Account of the Federal Reserve System."
The London Daily Telegraph reported that "a Mr David Sale claim to have offered to buy MG Rover for $5 billion."
[1] According to Sale , Rover's administrators PriceWaterhouseCoopers (PWC) were refusing to take their bid seriously even though (according to them) Prime Minister Tony Blair had acknowledged it in a letter.
[4] The bid met with considerable skepticism among MG Rover enthusiasts[13] and was evidently discarded by the administrators, as the OITC did not appear on the final list of bidders.
[citation needed] In late 2005 Germania Ullauri, the mayoress of the Ecuadorian municipality of Oña, travelled to Cambodia to meet representatives of the OITC to discuss an investment proposal.
Following her trip to Cambodia, she convened a meeting of municipal leaders from Ecuador's Azuay, Cañar and Morona-Santiago Provinces to brief them on the OITC's proposals.
[11] The OITC proposed to invest US$150 million in a hydro-electric project in the region, subject to Ullauri placing $20,000 in a bank account in Kuala Lumpur, Malaysia as a deposit.
[17] Ratu Osea claimed that the OITC had already invested $400 billion in China, though the Chinese Embassy in Fiji was unable to confirm this.
[18] A memorandum of understanding was signed on 3 March between Scott and the head of the VLRA, under which the OITC was to provide 50% of the bank's funding and the landowners the other 50%.
[citation needed] The MOU was signed in chaotic circumstances which culminated in the attending journalists being thrown out by security guards acting for the OITC.
[20] Vosanibola said that the government had no knowledge of either party and noted that neither Scott nor the OITC had submitted an application to do business in Fiji, as required by immigration regulations.
The country's Great Council of Chiefs expressed concern, noting that there had been recent high-profile instances of fraud, and advised Fijians to be careful about assessing such promises.
An online poll run by asked "Is Dr Keith Scott and OITC's multi-billion dollar donation to Fiji landowners genuine?
[citation needed] The Fiji Sun published a strongly worded denunciation of the OITC, calling it "a scam in the making" and a "get-rich scheme".
The Assembly of Christian Churches, an affiliate of the Viti Landowners and Resources Association, supported the deal and stated that it had no doubts about the bona fides of the OITC.
As proof of his claim, he provided a document dated December 29, 2009, that was purportedly signed by HSBC Group Finance Director "Dr David J Flint".
[29] According to Cambodia’s Minister of Information Khieu Kanharith, Prime Minister Hun Sen had personally ordered investigation into the case, On December 20, 2010, the two were charged with forgery by the Phnom Penh Municipal Court after allegedly fabricating documents claiming ties to the United Nations, the United States government and HSBC Bank.