London venue FOLD has claimed it is being shut down by Newham Council.
The club was awarded a rare 24 hour license and quickly became a standout venue for dance music in London.
Sadly, it seems that due to "serious accusations" FOLD will now be shut down.
The club revealed the news on Instagram, explaining that it met with Newham Council's local licensing committee.
They explain: "As a result of such, our license has been suspended and an immediate shut down of the club, without fair trial, has been imposed."
FOLD intend to fight to keep the club open, and want to fulfil this weekend's scheduling.
Closing their statement, they explain:
"We offer our most sincere apologies to anyone affected by this decision, we can ensure you that we are working as hard as we can to get to the bottom of this, no matter what. You are the reason we are fighting, and are our daily motivation. Stay put, we are not giving up. More information coming soon."
We regretfully announce that our license to operate has been suspended by Newham Council. This news has hit us by surprise and extremely hard. Last night, serious accusations were brought to us and the local licensing committee. As a result of such, our license has been suspended and an immediate shut down of the club, without fair trial, has been imposed. We feel extremely blessed to have built a community around FOLD that can’t be compared or replicated. Every single one of you has made FOLD more than just four walls and a sound-system; we all have created a new way of thinking, a way of uniting and more importantly, given a refreshing meaning to the words safe space. This is all thanks to you, our community. We are currently appealing the suspension with the aim to maintain our operation for this weekend and events moving forward. We offer our most sincere apologies to anyone affected by this decision, we can ensure you that we are working as hard as we can to get to the bottom of this, no matter what. You are the reason we are fighting, and are our daily motivation. Stay put, we are not giving up. More information coming soon.
The plot thickens...
Newham Council have published the minutes from last night's - November 12th - meeting, which cites allegations of fraud against two individuals central to FOLD.
Following a search warrant £200,000 worth of material was found, leading to the seizure of "high value DJ equipment".
Two arrests have been made on suspicious to commit money laundering, including Lasha Zhorzholiani - sole director of Artsintheeast Ltd which is license holding company for FOLD.
Find the minutes HERE.
- - -
Following a request by Clash for information Newham Council have pointed us towards the following statement:
“I can confirm that following the receipt of an application for a summary review of the premises licence for the Arts in the East Ltd, Gillian House, Stephenson Street, Canning Town, E16 4SA (Fold Night Club) from the Metropolitan Police, Members of Newham Licensing Committee met on November 11 and agreed an interim suspension of the licence.”
“At the request of the licence holders a further hearing on the decision to suspend the licence on an interim basis will be held on Friday 15 November, where the licence holders will be allowed to make representations and challenge the decision of Members.”
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