He is in a win win situation, in fact due to his extortionate salary over many years he has already won, he cant be called to account properly because of where he lives, he will keep on fleecing investors to the end, which IMHO is close, the mans a criminal, don't give him anymore of you hard earned.
Make of this what you will. I've spoken with BDO today ... I've been told it was a positive outcome when pressing the guy who said a statement was being prepared for release on their site
It was not immediately apparent whether Karimova was involved in any companies in Malta, according to this newspaper's research. Karimova is also being investigated on charges of fraud, evading customs and foreign exchange regulations, and money laundering, and was in custody pending a trial. In addition to the private jet located in Malta, Uzebekistan is also seeking to freeze: In Switzerland: US$777.8 million in cash and a villa in Coloni worth 18.5 million Swiss francs; In Sweden: US$ 30 million in cash; In the UK: GBP4.2 million and homes, apartments and villas worth GBP22.9 million; In France: Apartments in Paris, a chateau in Santoré and villas worth a total of €52.5 million; In Latvia: Cash and securities of US$16.5 million and an entertainment center in Riga worth €9 million; In Ireland: Cash and securities worth US$300 million; In Germany: €2 million in cash; In Russia: US$ 6 million in cash, a Moscow penthouse, a mansion and eight apartments in Rublyovka, a hotel complex, a house and a plot of land worth $2 million. In Hong Kong: US$67 million in cash, and a penthouse worth US$ 15 million; In the United Arab Emirates: $32 million in cash, gold and gold certificates worth US$31.5 million, a penthouse, two villas, and two hotel complexes in Dubai with a total value of US$ 67.4 million. $300 Million in Ireland !!!
I think its a good sign that Administration has been extended, they must be hopeful of some return if they are to be paid, I just hope its not all about payment for them and the Lawyers on "a no win no fee basis". leaving long suffering shareholders with nothing. Geopolitics certainly at play, plus with the true extent of the Karomovs asset stripping and criminal activity now truly in the spotlight this should help our appeal going forward. This has been a nightmare for many decent people we need some form of justice here. GL all.
Uzbekistan's counter-claims have been dismissed in their entirety for lack of jurisdiction. The Tribunal ordered each party to bear its own costs, and to each pay half of the Tribunal's fees and expenses
I will be very upset if Calinius get paid, and even more upset if they don't agree to fight this case in the Parisian courts. I hope RS did some sort of sensible deal, where they cant break us completely, I have written this off in my mind, but if it does go completely to the wall I will be asking some very serious questions of all involved here.
Swedish Prosecutor Characterizes Uzbekistan as “Gangster State” http://www.eurasianet.org/node/76246
100% and could not have put it better myself.
Just filter him and don't give him any airtime.
I cant see them shorting this now, its far to risky this Company is in recovery and doing a pretty good job of it, still alot more upside here IMHO. 1.4M buy at 11.75 is no punt money either.
That's my target price and this is now a big recovery play IMHO.
Tightest spread I have ever seen here, some thing is brewing IMO.
Some decent buying, August should be a cracking month here. GL all.
Hi remember me from Paragon days, do you know what's happening there or is Hunt to busy screwing investors with this one at the moment. Keep fighting mate.
Shareholders shafted again, move on boys but never forget, learn from this experience and remember AIM is a breeding ground for the corrupt and Greedy.
Sadly no matter what action we take I can assure you they will have it covered, the wording of this RNS will have been well planned and poured over by their legal team. I sold today at a massive loss because I see no way out of this legal minefield that is designed to protect the Rich and Greedy, this has left a bitter taste and once again AIM has proved a safe breeding ground for the corrupt.
There has been much publicity of how AL and The Hindaju Family are so ethical in their business dealings and how their father taught them to uphold these values no matter what, looks like these values have deserted them in this case, or perhaps they don't know the full story, I think this news needs to go to a wider audience ie the press.
This was the Plan all along IMO, years of shafting shareholders and now the final insult. The Hinduja Brothers and the AL group were meant to be a Benefit but they have turned out to be the main Catalyst to our downfall, I believe this Company has been run down so AL could acquire it on the cheap. I wont be selling, not worth it really, but I will be asking some serious questions about the way business has been conducted here and how shareholders could possibly get their money back.