Victor Bassey pleads guilty

Excelsis Aviation no longer exists and its fraudulent owner, one Victor Bassey, described as a Nigerian businessman, is facing a possible lengthy jail sentence after pleading guilty at Teesside Crown Court.

At a lavish launch in June last year Bassey promised to restore the link between Durham Tees Valley Airport and Heathrow.  He recruited an experienced airline team and forecast a bright future for Excelsis.

Sadly it was just a dream with the £35m of claimed backing just an illusion.  Contractors were never paid and staff taken on found themselves using their own credit cards, money unlikely to be paid back.  At this time the web site still exists.  It is worthwhile reading and presumably left up by the (presumably unpaid) internet host. www.excelsisairways.com

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