Yes you are RIGHT the writing should have been on the WALL...!
Cominiere relationship was on the ROCKS...IMO This issue was a ISSUE...? MAY 2021 ...Then MAY 2022 ..Wheels fall of and NIGEL didn't know....LMAO AVZ goes into SUSPENSION for 2 years
In an almost comical move, Cong dumped the US$20m back into AVZ’s bank account. AVZ then sent it back again, but this time the money was lodged in a lawyer’s escrow account (pursuant to a court order obtained by AVZ) and Cong was told to go get it – which he didn’t.Cong then attempted to claim the new share certificate issued by the RCCM was a forgery and perhaps inexplicably, managed to convince a criminal court in the DRC of his claim.
Perhaps even more inexplicably, the court found in favour of Cong and Dathomir and sentenced Johnston and the clerk responsible for creating new share certificates to three years’ jail and one year in jail, respectively – although happily, the clerk had his jail term suspended.
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Held