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Portman deals carpetbagger blow

Portman Building Society has dealt carpetbaggers a blow by rejecting its members&#39 calls to consider changing its mutual status.


Portman is holding steady by declaring members will not be asked to vote on its mutuality as their resolutions “do not comply with society rules.”


Spokesperson for the website co-ordinating the de-mutualisation attack, carpetbaggers.com Richard Kendall says: “Portman directors are running scared of their members and abusing the spirit of Society rules by rejecting members resolutions on technicalities.”

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