*Speaking of BS, check out this latest load of Crap from the Congo
Manono mine: AVZ, five years of waste!
Coming to the Democratic Republic of Congo in the wake of the Kabilist regime, the mining company AVZ has just been stripped for its five years of waste. the Congolese state exploited without consideration.
The motive is not to be sought far in the filthy mysteries of the Congolese mineral mafia.
As pointed out, AVZ landed with the aim of making bloated pockets via the past diet.
The trajectory followed explains it so well.
It is in Manono where AVZ found itself to operate the Mine in this corner of the country to the detriment of its population and the Congolese State.
According to revelations, COMINIERE, a Congolese company, had research permits for the Monono mine.
COMINIERE had sold DATHOMIR 70% of its shares to leave the Congolese State only 30%.
Later, there was a joint venture between COMINIERE and DATHOMIR which gave birth to a structure called DATHCOM.
The latter will sell 60% of the shares to AVZ. In turn, AVZ will demand a 5% surplus from the Congolese state to enable it to carry out actions within the framework of corporate social responsibility: building roads and schools...
Only, for 5 years, nothing has been done. AVZ did not build a school or a road.
The population of Manono lives in the most total misery.
This prompted COMINIERE to find a new partner, in this case the company Zing JIN to which it sold 15% of the shares.
ZING JIN pays the Congolese State 33 million 400 thousand US dollars, "reveals the source.
She pointed out that the law in this area requires that when a new partner arrives, the board of directors meets to allow the new partner to become a shareholder.
But AVZ blocks the holding of the board of directors and refuses to submit to it by asserting its right of preemption on everything concerning the company.
In reality, AVZ wants to reach 75% so that Congo has nothing in return.
This is where AVZ has come, behaving like a Banana Republic.
Faced with this state of affairs, analysts suggest in-depth investigations, with the aim of exposing the real motives underlying the behavior of AVZ, which is said to be linked to the Kabila family.
29.06.2022,
www.mediacongo.net
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