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.
Dathcom then lodged a challenge (pourvoi en cassation) before the Supreme Court of the DRC which is still pending. This challenge has the effect of staying the decision of the Court of Appeals of High Katanga (with the consequence that the damages award of US$25,000,000 against Dathcom is not payable)
AVZ Price at posting:
78.0¢ Sentiment: Hold Disclosure: Held
