AVZ Discussion 2022

[JAG]

 

[JAG]

Boom!!!!

 

[Dazmac66]

$2 060 000 USD straight in the sky-rocket! That should attract a sentence of at least 2 days in the Kinshasa naughty boys an girls corner.

 

[Carlos Danger]

Boom!!!!

View attachment 33968

View attachment 33967

This document has been available for a while. But it's good to see it linked to the recording released on the weekend and further heat being put on Cominiere.

 

[JAG]

original French text of EcoNewsRDC with the letter from the management of Zijin

 

[Rediah]

Urgent : Contrat chinois : Deux anciens DG de l'ACGT aux arrêts pour détournement des fonds ! !

Par la Rédaction Des sources judiciaires ont confirmé à la rédaction d'Opinion-info.cd l'arrestation de trois anciens responsables de l'Agence Congolaise de grands travaux, ce vendredi 07 avril, au parquet général de Kinshasa-Gombe. Il s'agit notamment de Martin Busimaa et son successeur...

www.opinion-info.cd

"According to our sources, these three former senior executives of the ACGT are being prosecuted for accusations of embezzlement according to investigations carried out by the General Inspectorate of Finance (IGF) within the framework of the Sino-Congolese contract".

 

[JAG]

Zijin's letter translated....

 

[Roon]

Does Zijin have any proof that they informed us in July of their intentions? Do we have any letter from within the 40 days from this time? Because they seem to he saying hey we informed them in July and didn't hear back within the 40 days. AVZ's follow up letter isn't until November - would love to see what we sent earlier to claim our rights.

Did I read something else that they said we intended to affirm the rights but never agreed on their price as put forward by Zijin? That's a pretty weak case if so.

They're such snakes. I can't believe they are getting away with this kind of business practice

 

[Mr Inappropriate]

This document has been available for a while. But it's good to see it linked to the recording released on the weekend and further heat being put on Cominiere.
View attachment 33969
View attachment 33970
View attachment 33971
View attachment 33972
View attachment 33973
View attachment 33974

View attachment 33974

That last email listed (jcsjs@zijinmining.com) is the Zijin Whisteblower/Anti-corruption dob-in address.

I’m sure they took it seriously…

 

[Mr Inappropriate]

Does Zijin have any proof that they informed us in July of their intentions? Do we have any letter from within the 40 days from this time? Because they seem to he saying hey we informed them in July and didn't hear back within the 40 days. AVZ's follow up letter isn't until November - would love to see what we sent earlier to claim our rights.

Did I read something else that they said we intended to affirm the rights but never agreed on their price as put forward by Zijin? That's a pretty weak case if so.

They're such snakes. I can't believe they are getting away with this kind of business practice

Read this and tell me if you threw up after reading it.

Business Ethics-Zijin Mining Group Co., Ltd.

 

[Winenut]

A guess would be that Kibeya is going to be sacrificed here, if the spotlight is shining too bright, MoP and Lukonde will point their lifeless rubber fingers at Kibeya claiming it was Kibeya’s shrewd trickery which lead to this 12 month debacle ; Kibeya will walk in through the front door and out through the back door of the jail house and all will rapidly be forgotten by the congslaise, MoP and Lukonde will carry on as normal

fuck that....they all need to be taken down

 

[Winenut]

Read this and tell me if you threw up after reading it.

Business Ethics-Zijin Mining Group Co., Ltd.

yes....I threw up

 

[Samus]

Nobody seems to get punished for anything over there. Except AVZ anyway, for following the mining code and doing things by the books.
Useless pricks.

 

[Carlos Danger]

Does Zijin have any proof that they informed us in July of their intentions? Do we have any letter from within the 40 days from this time? Because they seem to he saying hey we informed them in July and didn't hear back within the 40 days. AVZ's follow up letter isn't until November - would love to see what we sent earlier to claim our rights.

Did I read something else that they said we intended to affirm the rights but never agreed on their price as put forward by Zijin? That's a pretty weak case if so.

They're such snakes. I can't believe they are getting away with this kind of business practice

It is Cominiere that needed to inform us. As far as I can tell they told us that they were selling on July 21 2021 but didn't specify the price. We went back on August 4 2021 saying yes we want to exercise our FROR and asked what the price is. Cominiere didn't respond to that and when the 40 days lapsed they got the MoP to authorise the sale. We then submitted our offer on September 20 2021.

To my knowledge the correspondence documents between Cominiere and AVZ in early August 2021 are not publicly available... yet

 

[DoubleA]

Lol is that a Brabus G wagon?

 

[Onthefm]

$2 060 000 USD straight in the sky-rocket! That should attract a sentence of at least 2 days in the Kinshasa naughty boys an girls corner.

And then straight to Europe for a lovely retirement with the proceeds of their offshore companies and accounts. Fuck me can I have some of that. And they are as dumb as dogshit. I don't think cong is that much of a smart business titan. It's just he in the middle of a mob of ret I mean extraordinarily intellectually challenged mob of cunts. Fuck this I'm on the next plane to drc. Cheers

 

[Onthefm]

A guess would be that Kibeya is going to be sacrificed here, if the spotlight is shining too bright, MoP and Lukonde will point their lifeless rubber fingers at Kibeya claiming it was Kibeya’s shrewd trickery which lead to this 12 month debacle ; Kibeya will walk in through the front door and out through the back door of the jail house and all will rapidly be forgotten by the congslaise, MoP and Lukonde will carry on as normal

I hope to christ your right

 

[Roon]

It is Cominiere that needed to inform us. As far as I can tell they told us that they were selling on July 21 2021 but didn't specify the price. We went back on August 4 2021 saying yes we want to exercise our FROR and asked what the price is. Cominiere didn't respond to that and when the 40 days lapsed they got the MoP to authorise the sale. We then submitted our offer on September 20 2021.

To my knowledge the correspondence documents between Cominiere and AVZ in early August 2021 are not publicly available... yet

View attachment 33984
View attachment 33985
View attachment 33986
View attachment 33987
View attachment 33989
View attachment 33991
View attachment 33992
View attachment 33994
View attachment 33995
View attachment 33996

Thanks! Just what I was after. IcC should be interesting

 

[pow4ade]

Does Zijin have any proof that they informed us in July of their intentions? Do we have any letter from within the 40 days from this time? Because they seem to he saying hey we informed them in July and didn't hear back within the 40 days. AVZ's follow up letter isn't until November - would love to see what we sent earlier to claim our rights.

Did I read something else that they said we intended to affirm the rights but never agreed on their price as put forward by Zijin? That's a pretty weak case if so.

They're such snakes. I can't believe they are getting away with this kind of business practice

Did AVZ receive a letter from Zinjin, which technically should have gone to AVZI so AVZ took no action? Surely not.

 

[Carlos Danger]

Did AVZ receive a letter from Zinjin, which technically should have gone to AVZI so AVZ took no action? Surely not.

Nah that's just an added legal point to further AVZ's case about Cominiere not following the rules

The problem is AVZ never knew the price during the 40 day window and Cominiere didn't respond when asked. Although I doubt AVZ would have accepted the 33m price considering it was below market value and management didn't submit the offer for 150m until after the 40 days just in case it was lower than Zijin's.