It is an interesting article, and i hate corruption too, but it is not really relevant to OZL now.
It refers to a company which Oxiana was in a JV with taht appears to have had some questionable appointees on its board, and when OZL paid bought out this company in a normal transaction, these questionable appointees profited.
To me the transaction was normal, and probably a good move by OZL to remove its questionable partners. Like you, I hate to see the unscrupulous profit, but that does happen in normal business like this appears to have been.
I would also suggest that I have a lot more confidence in the competence and integrity of the current Board and management despite disagreeing with a couple of their recent decisions.
Of interest in the article is the reference to OZL starting a review of its Cambodian operation in April, as it appears to be a disappointment, and I look forward to the release of the report. Again a good management practice.
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interesting article, page-2
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