Carlos Danger
Top 20
The most interesting thing about the chain of events leading to this escrow dispute is that at no time is the amount shown in statements provided by Christian Lukusa seen as under 20m USD. The dispute arises from the claims of unauthorised transactions and his and Rawbank’s resistance to confirming their availability upon request in July as they are legally obliged to do.We don't know if it is the full $20m
Announcement said the company has been made aware of allegations of unauthorised transactions (note plural) involving the company's escrow account in the DRC
My dealings with escrow accounts is that they are just another bank account held by the lawyers. They are legally obliged not to touch it but can very easily if they want to.
Mr Lukusa is an intelligent man. I would be willing to wager every single AVZ share I own that the money is still there as it ultimately, for now at least, legally belongs to powerful forces. Unfortunately it seems like most lawyers he has sold his soul to the highest bidder to aide their attempts to further delay our progress by playing idiotic games imo