Millennium Village saga deepens

 

FORCEFUL attempts to change directorship in the Libyan African Investment Company (LAICO) Zambia by the former employees have been reversed by the Patents and Companies Registration Agency (PACRA).

This followed a twist of events in the wrangles that have rocked the Millennium Village between the former employees, Tahler Ammar Mohamed Khalil and Clement Wonani, and the current management over the directorship of LAICO-Zambia Limited.

A search conducted by the Daily Nation has revealed that following the court ruling in which the High Court Judge held that there was a serious question to be tried, but dismissed an application for interlocutory injunction made by the Libyan African Investment Company Zambia Limited, Mr Shukri Esidieg Ahmed Eljaiedi and Ahlam Hamoud (as plaintiffs) against former managing director Taher Ammar Mohamed Khalil and former finance manager Clement Wonani (as defendants) the defendants swiftly effected the changes of directorship in the company.

On 18th July, 2016, Mr Khalil filed an application at PACRA for change of directorship in the company purporting that Jihan Faek ElKrikshi, Shukri Esidieg Ahmed Eljaiedi, Nabil Sobhi Ibrahim ElMurabet, Ahlam Hamoud, Abdulaziz Amisi Mzee Goma (as directors) and Mr Gabriel Lesa Bwalya (as Company Secretary) were removed on 13th June, 2016, and that  Adel Elsayed Ali Abobarker, Marwan Y H Al Gheriani, Clement Wonani (as Directors) while he (Taher Ammar Mohamed Khalil) was appointed both Director and Company Secretary of the company.

However, by a letter dated 27th July, 2016 from the Assistant Registrar at PACRA, the parties were advised that “In the circumstances, the changes that were made on the 19th July, 2016 are hereby reversed and nullified. We sincerely apologise for any inconvenience this may cause.”

A Computer Printout obtained from PACRA after the reversal, indicates that Jihan Faek ElKrikshi, Shukri Esidieg Ahmed Eljaiedi, Nabil Sobhi Ibrahim ElMurabet, Ahlam Hamoud, Abdulaziz Amisi Mzee Goma are the directors and Mr Gabriel Lesa Bwalya as Company Secretary respectively.

And LAICO-Zambia management, in a public notice dated 29th July, 2016 issued to the banks and PACRA, has since cautioned all banks, Government agencies and the general public against engaging in any transaction with the former employees as it would be at their own peril.

“This serves to notify and inform all banks, financial institutions, companies, government agencies and the general public that the above named individuals (Tahler Ammar Mohammed Khalil and Clement Wonani) have been purporting to be employees of the Libyan African Investment Company Zambia Limited (LAICO-Zambia) are not directors, employees or officials of LAICO,” reads the notice in part.

Categorized | Business

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