AVZ Discussion 2022

Bonsoir

Regular
New mine build mate. I know I know, after 20 years of this you would think enough.....but I love a challenge and a great new developing culture (y)

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Tough life but financially rewarding.
 
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JAG

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tonster66

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I'm starting here, I imagine it has no power or sway:


My wife works for a rather large bank and I know they don't enjoy things being taken to the ombudsman:

It cost them money for every complaint, plus the time to address it
 
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Team AVZ,

It is with much regret that this will probably be my last post for a while as I now have to go to work (thanks Nigel) in the middle of bum fuck (no offense @MoneyBags1348 :ROFLMAO:) and I literally mean the middle of bum fuck :(

Imagine this, I will be in WA however extremely close to the SA and NT boarders!!!!!

Thanks everyone for all of your posts, funny, chest beaters, dummy spits and the extra threads set up by @BEISHA and @MoneyBags1348 ...Love em all and keep the faith, we can do this.

I leave you all with some ART, yes ART :)
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keanu reeves lionsgate GIF by John Wick: Chapter 2

I’m guessing you’re the one in purple 😉

DBCE6FB3-80FD-4D58-97B3-DB1F1027F9AF.jpeg
 
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Samus

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:unsure: I wouldn't take it on face value just yet, not sure if this guy is referring to the meeting we've already seen. Yesterday he was anti IGF. At least I think so.

Today, Zijin retracted his case. He leaves the Congolese state with 15% purchased and 33 million. So, let's go back to square one. If really there was a buyer who wanted to buy at 150 million, it's time to tell Jules Alingete to go get him
 
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DiscoDanNZ

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It cost them money for every complaint, plus the time to address it

Exactly, they pretty much just gave people whatever they wanted even if it was a frivolous claim as it was cheaper than even having it get filed with the ombudsman.
 
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https://libregrandlac.com/article/5405/rdc-:-l’igf--son-rapport-explosif-sur-la-gestion-de-la-gecamines

DRC: THE IGF, ITS EXPLOSIVE REPORT ON MANAGEMENT...
Image Post


DRC: THE IGF, ITS EXPLOSIVE REPORT ON THE MANAGEMENT OF GÉCAMINES

It is a real time bomb that constitutes the Summary of the Control Report of the General Inspectorate of Finance (IGF) on the management of the General of Quarries and Mines (Gécamines), the largest mining company and pillar of the country's economy since independence.

Dated May 31, 2022, this 9-page document of which afriwave.comobtained a copy; traces a series of unforgivable irregularities that led to the loss of several hundred million US dollars at the expense of the country.

Long and very long led by Albert Yuma Mulimbi first as Director General (DG) then President of the Board of Directors (PCA) under Joseph Kabila of whom he remains one of the relatives, the management of Gécamines has still not been as "orthodox" as claimed. The extensive audit launched of management over the period 2010-2020 proved this on purpose.

Started in September 2021 when the President of the Republic Félix Tshisekedi, a few months rather was suffering from his desire to renegotiate the mining contracts signed during the two terms of his predecessor, Joseph Kabila; one could not expect a surprise. Moreover, the current Head of State would like a more comprehensive review of the entire mining sector to also be carried out.

In addition to the lack of generalized control, the synthesis of the Control Report of the General Inspectorate of Finance on the management of Gécamines targets in particular the conditions of sale or sale of Gécamines' mining assets for the benefit of private actors and, above all, the financial performance of a company regularly accused by NGOs of "selling Congolese minerals".

Some key figures
  • The turnover achieved by Gécamines partners between 2012-2020 amounted to US$35 billion, Gécamines received only US$564 million in terms of royalties.
  • Of Gécamines' advances to the state of the order of US$591 million, US$413 million is untraceable.
  • Of the $175 million doorstep of the Chinese contract, all $175 million remains untraceable.
  • Of total revenues of $1.9 billion, only $57 million was used for the Gécamines production tool.
  • While the legal debt was $44 million in 2020, Gécamines paid $97 million for lawyers' fees between 2016 and 2020.
  • La Gécamines sold its houses 1 bedroom + living room for $500, 2 bedrooms + living room for $750, 3 bedrooms for $1,000 and 4 bedrooms for $1500. In addition, 20% commissions were paid to a real estate agency.
  • In 1996, Gécamines held 45% of shares in the TFM (the largest copper mine), they were reduced to 17.5% in 2005.
  • In 2000, Gécamines had reserves of 35.3 million tons of Copper and 3 million tons of cobalt. In 2021, it has only 9.3 million copper and 1.4 million cobalt available.
As a bonus on board, we realize how much the country and its large and small companies have been bled by the predation regimes of the Alliance of Democratic Forces for the Liberation of the Congo (AFDL) and its heirs of the People's Party for Reconstruction and Democracy (PPRD) under the Kabila Laurent-Désiré and Joseph.

Because even if under Mobutu, things had not gone so far, under the Kabila; corruption and embezzlement of public funds reached their peak.

A second lesson, this explosive document makes it possible to understand how some political leaders of the time behaved like mercenaries by looting the country for their personal benefit and that of their families. This also explains the rearguard fight they are trying to wage today to escape all sanctions, including the legal proceedings that are imposed on them.

a credible source contacted parafriwave.comconfirms that "IGF investigations will continue until the end and that all those involved from far or near will be held accountable to the courts".
 
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:unsure: I wouldn't take it on face value just yet, not sure if this guy is referring to the meeting we've already seen. Yesterday he was anti IGF. At least I think so.

Today, Zijin retracted his case. He leaves the Congolese state with 15% purchased and 33 million. So, let's go back to square one. If really there was a buyer who wanted to buy at 150 million, it's time to tell Jules Alingete to go get him

Sam there is absolutely no question that
Molende Katshita is a corrupt arsehole
 
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Unfortunately these days writing a well versed letter to the editor gets you nowhere, outrage and public lynchings are the only way to achieve anything. How many people do you think read his last article compared to how many people knew that the correction hidden on page 10-ish of the physical print copy even existed?

This guy and the boatman are dutch ruddering their way down a river in neighbouring Congo and talking absolute shit, without everyone calling him out there would be zero consequences for his inaccurate, biased and factually completely incorrect 'journalism.'

Tommy R is an arrogant, self serving and piss poor excuse for a journalist.
Props for the Dutch Rudder reference.
 
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Cominière case: National MP Papy Niango addresses an oral question with debate to the State Adele Kahinda

After the adoption of the National Assembly's work schedule for the March 2022 session, the saga around parliamentary control announced by speaker Mboso Nkodia Pwanga becomes clearer.

Opportunity for the elected deputy for Bandundu, Papy Niango, to address an oral question with debate to the Minister of State in charge of the Portfolio.

Adèle Kahinda Mayina will have to provide the plenary with explanations on the assets of the Democratic Republic of Congo here and there. In particular, the only elected representative of Bandundu/city would like to understand how shares of the Republic in the Cominière, a commercial and mining company, valued at nearly US$800 million, because of 30% of the capital, would be sold and delivered at less than 10% of its cost, or nearly $30 million, to be resold at nearly a billion dollars. Niango refuses to say more but says he waits firmly for the Princess on this issue that has been talked about in recent days and moves the worlds of business and politics.

Tino MABADA
 
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Winenut

GO AVZ!!!!
:unsure: I wouldn't take it on face value just yet, not sure if this guy is referring to the meeting we've already seen. Yesterday he was anti IGF. At least I think so.

Today, Zijin retracted his case. He leaves the Congolese state with 15% purchased and 33 million. So, let's go back to square one. If really there was a buyer who wanted to buy at 150 million, it's time to tell Jules Alingete to go get him

Dickhead doesn't understand what first right of refusal means or what pre-emptive rights are...
 
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Samus

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Dickhead doesn't understand what first right of refusal means or what pre-emptive rights are...
None of them do, it's very frustrating the shit they argue about because it isn't valid in the context of the situation and the disinformation just gets spread wider and wider.
They get all up in arms about AVZ offering 15mil in 2019 or 2020 (if we even did offer this?) and don't understand that AVZ will negotiate a fair price based on market value. Next they'll be kicking and screaming if and when the new BFS ever comes out.
 
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D

Deleted member 1612

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Onthefm

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None of them do, it's very frustrating the shit they argue about because it isn't valid in the context of the situation and the disinformation just gets spread wider and wider.
They get all up in arms about AVZ offering 15mil in 2019 or 2020 (if we even did offer this?) and don't understand that AVZ will negotiate a fair price based on market value. Next they'll be kicking and screaming if and when the new BFS ever comes out.
I just hope to christ that there is no official paperwork of the 15 mill offer or emails floating around. The optics would be shitful. And would be another miss calculation by our esteemed half truth telling management.
 
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Onthefm

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I just hope to christ that there is no official paperwork of the 15 mill offer or emails floating around. The optics would be shitful. And would be another miss calculation by our esteemed half truth telling management.
On that subject who was avz talking to regards the 150 mill made up of cash and avz shears or was that just more bulshit. Cheers
 
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I just hope to christ that there is no official paperwork of the 15 mill offer or emails floating around. The optics would be shitful. And would be another miss calculation by our esteemed half truth telling management.
Klaus junior would have found and posted it already if it existed, I’m thinking.
 
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Onthefm

Regular
On that subject who was avz talking to regards the 150 mill made up of cash and avz shears or was that just more bulshit. Cheers
If true there should be some sort of emails back and forth regards negotiations as it wasn't to long ago. which would be handy to be released to media right about now. if they exist.
 
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9cardomaha

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Surely these documents would be part of the ICC (which is public), anyone know how to get documents from the registry at the ICC?
 
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cruiser51

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So this lady​

Ran the office of this guy

DRC: Jean Claude Bukasa Appointed New Security Advisor To President​

Published February 10, 2022

bukasa.jpg


President Félix Tshisekedi of DRC has appointed Jean Claude Bukasa as his new special advisor on Security replacing François Beya arrested last weekend for attempting to topple government.

Pending the end of the ongoing investigations and given the unavailability of François Beya, a new Special Advisor in Charge of Security to the Head of State Félix Tshisekedi has been appointed on an interim basis a source told Taarifa.

Jean Claude Bukasa, was notified on Tuesday, in a decision signed by Guylain Nyembo, Director of Cabinet of Félix Tshisekedi. Bukasa was François Beya’s deputy in charge of external security.

Guylain Nyembo reminds the new strongman of Tshisekedi’s security of the delicacy of the mission entrusted to him requires loyalty and self-sacrifice from him.

Little is known about this discreet man. But this securocrat, who specialized in cybercrime during a stay in Canada, seems in particular to have been chosen for his loyalty. He is an active activist in the Union for Democracy and Social Progress (UDPS), the party of the Head of State. During the 2018 presidential campaign, he would be seen alongside candidate Tshisekedi in some provinces.

The controversy and rumors about the alleged coup d’etat in the DRC are taking more and more shape. The Presidency in a communication made on Tuesday February 08, 2022, by the spokesman for the Head of State, Kasongo Mwema Yamba Yamba, revealed there was a serious threat against national security and announced that the security services have serious indications attesting to actions against national security.

Last week Georges Kapiamba, president of the Congolese Association for Access to Justice (ACAJ) told local media in DRC that Beya was arrested for state security reasons.

“You cannot talk about [le coup d’état] without having something to link. When dealing with sensitive files, you must avoid trying to go into the smallest details. You have to give the information in a general way, that’s what is important. He is being held for an investigation that is linked to state security,” Kapiamba said.



However how reliable is Africa Intelligence?

Don't forget every man and his dog is running for cover.
It is a bit like musical chairs, nobody wants to be the one without proper protection.
Nobody wants to finish up in jail.

I think we haven't seen the end of the misinformation yet.
It seems the only one who I give some credibility is Jules A, the rest I don't trust as far as I can throw them.
 
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Samus

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I just hope to christ that there is no official paperwork of the 15 mill offer or emails floating around. The optics would be shitful. And would be another miss calculation by our esteemed half truth telling management.
It doesn't really matter except that they can't even understand the concept that the lithium price has gone up tenfold and would have been worth next to nothing at the time.
 
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