• the new share certificate along with the new shareholders’ register both identifying AVZI as a 75% shareholder of Dathcom were forgeries; • Mr Graeme Johnston (as the managing director of Dathcom) as well as the registrar of the RCCM were complicit in that forgery; • Mr Graeme Johnston was sentenced to three years in prison; • Dathcom was ordered to pay damages of US$50,000,000; and • the updated share certificate along with the new shareholders’ register issued by the RCCM be destroyed.
"""""""""""""""""To this day,"""""""""""" neither Dathcom nor Mr Johnston have been given formal notice of the criminal judgement."""""""""""""""Didnt they APPEAL and A RESULT IN DECISION ON 8 SEPT 2022
Dathcom and Mr Johnston lodged appeals in respect of the criminal judgement before the Court of Appeals of High Katanga which resulted in a decision on 8 September 2022 which reduced the damages award from US$50,000,000 to US$25,000,000
But they appealed in 8 sept 2022 and resulted in a decision .....? Very confusing .......How much more info S H DONT know about...imo....?
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Held