Quote:
Originally Posted by Tjeezers
Of beter, wat een KUTZOOI
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While, true, its not a word for it but a complete sentence
But you are right, for those with serious cash tied up in it this is a "KUTZOOI".
The company was a so called NV(Naamloos vennootschap) which basically means a bunch of investors/shareholders who are unknown and the director which is Mallick.
I think since he is the only shareholder known, he could be held personally accountable if he is a major shareholder(Over 10% of the shares).
Thats talking Civil law, the fraud aspect falls under criminal law so thats another ballgame.