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Sumitomo and contempt of court

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Hephestus

542 Posts.

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18/03/17

17:18

Post #: 23454480
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While most readers of Hot copper are aware that suspicious pro-SMM / anti-AVQ posts proliferate here from multiple usernames, it has also come to light that SMM employee/s may have created email accounts under false names, and provided false and incorrect statements to national SI newspapers. See following article out yesterday:

Is Sumitomo guilty of contempt of our High Court?
http://theislandsun.com/is-sumitomo-guilty-of-contempt-of-our-high-court/

Editors of our local newspapers were being asked to publish false information about Axiom KB last year though a High Court injunction was in force that specifically prohibited Sumitomo from “interfering with the lawful business interests of Axiom KB”.

This injunction was issued by the High Court and stamped with the penal notice which means any breach of it may be treated as a criminal offence.
An application by Axiom KB is currently before the High Court alleging contempt of court by Sumitomo’s mining company – SMM Solomon Ltd (Sumitomo) as investigators traced the origin of the articles back to computers owned by SMM Solomon Ltd – the joint venture between the Japanese Government and Sumitomo Metal Mining Company (Sumitomo).

The application alleges that Sumitomo was behind the release of the newspaper articles, which contained false statements about Axiom KB (a joint venture between landowners and Axiom Mining).

IT experts tracing the WORD document of the two articles as stated in Axiom’s Lawyer Sworn Statement Mr Michael Pitakaka paragraph 32 found that the properties of the two articles were identified as “smmsStaff”.

Interestingly, Sumitomo have admitted that these statements were sent by one of its long term employees and that this person wrote the contentious articles on a computer owned by Sumitomo.

Sumitomo have also admitted their long term employee at the time also created email accounts via Google Gmail system under false names in order to hide his identity.

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Certainly puts a question mark over the recent complaint made to ASIC too, or rather a question about who the complainant might be. Stay tuned (real) AVQ investors... more to come to light soon, and the future of AVQ is looking bright.

Last edited by Hephestus: 18/03/17

AVQ Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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