I believe Mr Xuan Pham is already in contact with ASIC. I believe the person that he is talking to is Mr Burford.
Last time I spoke to him he said he is handing over evidence and has to sign some affidavit this very week.
ASIC is slow in their responses but I read a media article that their conviction rate is like 97-98% once they sink their teeth into the defendant party.
Peter Landau day of reckoning is now finally coming however don't forget that the CCC matter was handed to ASIC back in March-April 2015 and ASIC only made it an official case by December 2015.
Nkwe's management day of reckoning (Abraham Li and Robin Wang in particular) is on its way. Hopefully this will done at a faster rate than the Landau case.
Just in case Nkwe pulls the "we are Bermuda Registered" crap, Mr Pham is also in contact with the BMA (Bermuda Monetary Authority) and has appointed a Bermuda Specialist Legal firm.
NKP Price at posting:
4.8¢ Sentiment: None Disclosure: Held
