When it decided in 2017-2018 to acquire 15 per cent of Dathomir, to increase its share in Dathcom from 60 to 75 per cent, it guaranteed itself the majority of the Manono project.
However, when a court decided to cancel this transaction, which is one of the key points in the conflict with Zijin, AVZ was once again left with 60 per cent. But it does not consider the transaction cancelled.
“So, if the acquisition of the 15 per cent from Dathomir is cancelled and the acquisition of the 15 per cent by Zijin is confirmed, AVZ will have been tricked by Dathomir,” Neema said.
Dathomir, which can determine who becomes the majority on the project, has remained silent on the dispute.
But Neema also said there was also no guarantee that Zijin would be part of the project, since the DRC’s Inspectorate General of Finance found its acquisition of the 15 per cent stake from Cominiere fraudulent and illegal.
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