the Company has been made aware of allegations of unauthorised transactions involving the Company's escrow account in the DRC.1 The Company is investigating these allegations, including any potential wrongdoing, and to the extent there have been any unauthorised transactions in respect of the account, AVZ will take all necessary actions required.
You can smell another issue
the could and should know in the time it took them to write up this last announcement what transactions are on this account - if there has been any transaction on their company escrow account/
wonder if this the the company escrow account holding the dathomir settlement funds, the transaction that competed including payment that didn’t actually compete , is subject to litigation and something no one knew until the company was suspended for months—
this is be the next confession and bushfire if avz”s style of coming clean well after the fact stays true to form imo
Lucky they secured 20 million usd from Locke
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Held
