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Kalingalinga - Sun, 01 Jan 06 :

On that subject I'd love to know where exactly Arden or the Institutions TT'd the placing funds to when LFI placed its shares. A bank account somewhere I assume..no doubt one which the institutions have now frozen.



Here's one I sent to SP months ago that was one he didn't care to reply to..

Dear Mr Pearson

Please can you let me know whther you have any evidence that LFI has assets that may be recovered, over and above the funds it got from the placing.

Could you confirm that during your initial due diligence that you looked at LFI, in particular, whether it could conceivably have settled the promissory note for the construction contracts or its initial subscription costs and whether any further information has come to light in this regard.

I see that LFI has purported deposits at Capital Merchant "Bank". Do you know what these are?

Do you know if Capital Merchant Bank, the guarantor, has any substantial assets? Were you aware that it has been cited in certain money laundering publications as not, in fact, being a bank at all?

Thanks




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