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Whilst we can not prove this legally; this sale appears to have been orchestrated by a subsidiary of Shandong to Shandong itself with the tacit support of Government of SL and using an imposed timetable by SL Government as a so called legitimate reason why it was sold within 4/5 weeks from enforcement of the security under the default provisions of the original project finance loan to ensure other interested parties expression of interests was not entertained.
It is extremely sad and disturbing to see this state of affairs.
Whether or not the Receivers were able to stop this transaction once they were appointed on 2nd April will never be proven either way.
I am just sorry for all innocent shareholders of AMI who have lost huge sums of their hard earned savings in this appalling manner.
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