shit mate im 65 and I look young enough to be his son
The Company has resolved to appoint a new legal counsel in the Democratic Republic of Congo. Draw a conclusion out of that.
Pretty sure it was different lawyers. $1.653m USD was claimed owed by Jean-Marcel Kabeya Mbuyi for work done for AVZ and Dathcom in the lead up to the ML being granted. And we haven't employed him since 2022 so there would be no need to switch lawyers now if it was him. Plus he was claiming shares in Dathcom for non payment not the money in escrow. Also it was Christian Lukusa that provided all the documentation around the Dathomir transfer in that interview 2 years ago and he was still our principal lawyer in country up until now as far as I was aware. But I could be wrong and the two events could be coincindental but I doubt it. Would have been nice to get a bit more detail.
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That same fuckwit journalist published this previously:
What's the odds of that being #1 of 113 made?Presentation of the new seal of the Republic to the Minister of Mines
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Bymines
July 30, 2024
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The new official seal of the State given to the Minister of Mines, His Excellency Mr. Kizito PAKABOMBA.
As part of the campaign launched by the Government via the Minister of State for Justice, Constant MUTAMBA to combat counterfeiting and falsification of official documents in order to guarantee the authenticity of official documents.
get a set of shoulder cunt. (oh and some hair)
Key word unauthorised imoSo if the $20mil in escrow can only be released by a judge's signature ,and Kibeya's wife is a judge , would it be a far stretch to link the two ?
We don't know if it is the full $20mWhat do you think the chances of getting the $20mil back ?
About the same as getting the MLWhat do you think the chances of getting the $20mil back ?
Maybe a few hundred k for office leasing that turned out to be a new porche?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
The fact that this announcement has been made at the same time that the company announced they are still working on a security package for the Locke deal and we are changing lawyers leads me to think that we got to the pointy end of the term sheet agreement and AVZ were planning to use the idea I floated here months ago about using the potential damages claim from the Dathomir ICC case (Due in September last we were updated) as security with the $20m in escrow being the easiest path to liquidation of said damages and Locke agreed but when they went to Christian Lukusa to show proof of funds there wasn't the full $20m available. Although again this is all speculation on my part but Lukusa defo had the funds if that payment details report is accurate.
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. I can't think of any other reason for us to all of a sudden be appointing a new legal councel at the exact same time this escrow issue has come up.
To get back any funds that have been allegedly transacted without authorisation we will need to take legal action. As the announcement says AVZ is investigating these allegations, including any potential wrongdoing, and to the extent there have been any unauthorised transactions in respect of the account, AVZ will take all necessary actions required. Looks like yet another legal front will be opened in this infinite quagmire imo
My guess is more if they're looking to raise some funds.Maybe a few hundred k for office leasing that turned out to be a new porche?
What are the odds, the seal has a 'Made in China' sticker on it!What's the odds of that being #1 of 113 made?
They'll be putting them in showbags at the local fair...
It's called 'projection', or Donald Trump syndrome.How can one country spruick so much shit about anti corruption blah blah and do absolutely fuck all blows my mind