bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Monday 24.07.2017 | Name days: Krista, Kristiāna, Kristiāns, Kristīne
LatviaLatvia

Meroni: Ventbunkers 23 December 2011 shareholders meeting - falsified

FaceBook
Twitter
Draugiem
print
(+2 rating, 2 votes)

In Latvia there are no problems in registering fake documents, especially when the most notorious and skillful forger of shareholder meetings – Martins Kveps – is involved, Rudolf Meroni, Chairman of AS Ventbunkers Supervisory Board, said in an interview to BNN.

Baltic news, News from Latvia, BNN-NEWS.COM, BNN-NEWS.RUWhat happened on the 23rd of December 2011, when a meeting of certain shareholders of AS Ventbunkers changed the Supervisory Board?

We can clearly establish what happened on the 23rd of December 2011. Some minority shareholders gathered under the lead of the notorious lawyer Martins Kveps. Even though no such a meeting had been convoked by the legitimate management of Ventbunkers, this criminal group alleged that this was a Shareholders’ Meeting. The real Shareholders’ Meeting took place on December 20, 2011. At that meeting, more than 70% of the real legitimate shareholders of Ventbunkers were represented and have reconfirmed the existing Supervisory Board of the Company.

On the 23rd of December, there were less than 30% of the Shareholders represented. The falsification, which Kveps did, was as in two aspects: First, Kveps held a meeting which was never convoked as a Shareholders’ Meeting of Ventbunkers; and, Second, he introduced and accepted as Shareholders the companies Steropes Ltd and Gyges Ltd., which are not and which never ever were Shareholders of the company Ventbunkers.

So in the result, the situation was as follows: on a date, on which no Shareholders’ Meeting was convoked two companies, which are not shareholders of AS Ventbunkers reunited with a minority group of Shareholders and alleged, that this was a real Shareholders’ Meeting. The falsified documents were signed by Kveps, and submitted to the Register of Enterprises by an associate of Kveps’ law firm. On the face of the papers, for the Register of Enterprises everything looked normal. Therefore, the registration was made. Obviously, it is too simple to submit false documents and effect a change in the management of a company.

Why did these falsifications happen and who was behind it?

The question who stands behind this brutal falsification can be easily answered. If you look at the list of the shareholders who participated at the false meeting, it becomes very clear who is responsible.

Obviously, everything was orchestrated by Kveps, who probably is the most famous and most skillful falsifier of Shareholders’ Meetings in Latvia. With him the following companies participated:

The company Kement was represented by Janis Berkis. This company is owned by his father Olaf Berkis, who by coincidence was elected to become the Chairman of the Supervisory Board of Ventbunkers. Also present were the company Topmar Baltic Investments, which is beneficially owned by Oleg Stepanov. Stepanov’s puppet Alexey Ovod was also elected to the Supervisory Board. The two companies (who are not Shareholders) Steropes and Gyges were represented by Janis Junkers, who also was elected to the Supervisory Board. These companies are beneficially owned by Igors Skoks and Gennady Shevcovs.

Now, the most intriguing point was that the company Optima Management was also represented at this Meeting by Gatis Klimas, who was elected to the Supervisory Board. Surprisongly, Optima Management also participated at the legitimate Shareholders’ Meeting of December 20. It is very well knows that Optima Management is close to the Lembergs family. And, last but not least, Anrijs Lembergs and his sister Liga also participated. From this, it becomes clear, that the brutal falsification was also supported and accepted by the Lembergs family. There is a rumor that the participation of the Lembergs family was managed by Edgars Jansons.

Why was it so important to get these illegal changes registered shortly before the year end?

There may be several reasons. First of all, there are a few very important court cases ahead in the beginning of this year 2012. Probably, the falsifiers wanted to be able to represent Ventbunkers in Court in the case against Litasco. It is well known that the whole dispute with Litasco is only related to the defrauding of income from Ventbunkers by exactly these minority shareholders, which falsified the Shareholders’ Meeting (except Lembergs). Additionally, they probably planned to implement again some criminal schemes to steal additional money from Ventbunkers by signing some agreements just before the year-end, similarly as was done at the end of 2009.

But now you and your team is back in power in Ventbunkers? How was it possible?

Ventbunkers has submitted its complaint to the Register of Enterprises and to the criminal investigation authorities. Additionally the Ventbunkers Management made certain precautions. As the threat of falsifications was apparent since August, some reserve meetings had been convoked and the Shareholders’ Meeting on December 26, 2011 decided on the corrections.

Can you explain, how a person can illegally take control over another company and register this in the Enterprise Register? How is it possible and how can the Register of Enterprises be deceived?

Unfortunately, it is too simple. A falsifier simply falsifies a Shareholders’ Meeting, which has never been convoked and at which not a majority of the Shareholders of a company take part. But the paper (wrongly) states the opposite. On the face, such a document may look genuine.

Unfortunately, the Register of Enterprises refuses to verify the documents submitted to it, even if it is warned. The Register of Enterprises acts like a blind machine and registers any documents, be they false or not, which fulfill the formal requirements, which have been set by the Register. Even if the Register receives a substantiated warning by the legitimate Shareholders, the Register does not exercise any control, whether documents are genuine or false. This is obviously an invitation for criminal minds to make such falsifications and even be successful with the Registration.

The Law must be changed. In this area, the Latvian legislation has a major defect. It allows the registration of false documents, even if the register is warned. Most countries in Western Europe, have a special system, that the legitimate shareholders, who become aware of attempts of some criminals to take over control over the Company, can warn the Register. The Register then stops the registration and refers the matter to a decision by the Civil Courts. These systems work pretty normal in Western Europe.

Latvia, however, has nothing to protect the legitimate Shareholders. This defect in the Latvian legislation must be corrected. It is a must for a functioning economy.

P.S. When BNN was preparing the interview for publishing, it unfortunately turned out that more than 70% of shareholders’ interests are not protected. The Enterprise Register has revoked its entry of AS Ventbunkers Supervisory Board and its Chairman Rudolf Meroni. The management of the company was returned back in the hands of the minority shareholders.

BNN expects that the aggressive attempts to take over one of the leading oil transit companies are not even close to being over once and for all.


Leave a reply

BNN summary of the week: Kucinskis in Ridzene’s room and government’s rushed decisions

BNN offers a summary of this week’s topical news in a variety of categories: Change; Fight; Truth; Business and Growth.

Tourists die in Aegean Sea earthquake

A powerful quake that struck in the Aegean Sea has taken the lives of two persons in Greece, local authorities have stated.

Fashion in business: how to be heard in the modern-day world?

It would seem that nowadays strict fashion trends have «died». This is because people for ways to look beautiful and comfortable. One of the minds behind TRÉS fashion line, Enija Mugurevica shares advice how to start a business in the fashion industry from scratch and be heard and noticed in the modern-day world.

FCMC fines Norvik Banka for EUR 1.3 million and Rietumu Banka for EUR 1.56 million

Finance and Capital Market Commission in cooperation with Federal Bureau of Investigation’s Counterproliferation Center found out in a target inspection that Latvian banks – Norvik Banka and Rietumu Banka – have not followed requirements of regulations for the prevention of money laundering and terrorism funding.

Saeima approves controversial amendments to Credit Institutions Law

On Friday, 21 July, Latvian Saeima approved amendments to the Credit Institutions Law, which were previously returned to the parliament for a repeated viewing by President Raimonds Vejonis, completely unchanged.

Bank of Latvia: tax reform is a disappointment; it will not improve competitiveness

The tax reform submitted to the Saeima for approval is one big disappointment that will not improve competitiveness, said head of the Monetary Policy Office of the Bank of Latvia Uldis Rutkaste in an interview to LNT 900 seconds.

Betsafe predicts: will Duklavs remain Latvia’s Agriculture Minister?

Although Unity has asked the Union of Greens and Farmers to replace Agriculture Minister Janis Duklavs with someone else after the scandalous oligarch talks in Ridzene hotel, Duklavs will likely keep his post, according to Betsafe bookmakers. There is a 33% probability of Duklavs losing his post.

Latvian alcohol industry has an offer to increase excise tax rate

Experience shows – rapid increase of excise tax results in rapid increase of prices and rapid decline of revenue for the state treasury. Based on careful calculations, Latvian Alcohol Industry Association asks the government to stick with the current excise tax increase plan.

Air temperature to reach +24° C… +25° C in Latvia on weekend

Weather is expected to be largely dry this weekend in Latvia. Next week, however, is expected to be rainy, as reported by State Environment, Geology and Meteorology Centre.

Saeima deputies sign agreement on Oligarch talks committee’s formation

So far only parliament members have signed the agreement on the formation of a Saeima committee for the investigation of Oligarch talks. Neither of them represents Unity – Karlis Serzants from Union of Greens and Farmers and Einars Cilinskis from VL-TB/LNNK.

Seaima Praesidium approves parliamentary budget for 2018

On 20 July, Saeima Praesidium approved the parliament’s budget request for 2018. It is planned to be EUR 22.04 million, setting funding to maintain current functions on the level of 2017, BNN was informed by Saeima press-service.

Beer brewers: fooling around with tax reforms could destroy Latvia’s beer industry

By increasing excise tax for beer, the goal of reducing alcohol consumption will not be achieved. This is because consumption of other alcoholic beverages will increase as a result, notes CEO of Latvian Breweries Union Peteris Linins, commenting on the government’s plans to raise excise tax for beer.

4,558 marriages registered in Latvia in first six months of 2017

Over the past three years, Latvian birth number almost has not changed and constitutes 22 thousand annually. 10,175 children were born in the first half of 2017, which means 990 newborn fewer than in the same period a year ago.

Broadcasting organizations ask NEPLP to stop meddling with public media contents

The board of Latvian Association of Broadcasting Organizations urges the government and National Electronic Mass Media Council to continue realizing reforms in public media.

Kucinskis also met with Slesers in the infamous meeting room of Ridzene hotel

Latvian Prime Minister Maris Kucinskis admits having met with Ainars Slesers in the now infamous meeting room in Ridzene hotel a couple of times, specifically when the People’s Party made the decision to join Par labu Latviju.

Pumpurs hands 99% of Užavas alus capital shares to his son

Ildis Pumpurs, up until now the only owner and board member of Ventspils Užavas alus brewery, has handed 99% of the company’s capital shares to his son Oskars Pumpurs.

Repeated elections in Kekava – activity twice as high so far

Repeated election has commenced in Kekava’s 785 election site. 274 voters or 7% of local voting population took part in elections in the first day, according to data from the election site.

Estonia plans accepting from Turkey 160 Syrian refugees

Estonian police are looking into the documents on 160 refugees from Syria that are to be moved to Estonia in line with an agreement reached between the EU and Turkey.

Experts: potato harvest in Latvia may come later than usual this year

Potato harvest in Latvia may come one week later than usual. Still, the harvest is expected to be on the level of last year, BNN was told by Potato Growers and Processors Union.

News feed to be added to Google's website and mobile app

Internet search giant Google has said it would add a continuous feed of news and other content to its homepage and mobile app, which would be displayed before a user makes a search query.

NATO and Chinese ships perform joint manoeuvrer before entering Baltic Sea

This week, Standing NATO Maritime Group One welcomed in international a group of Chinese Navy ships that entered the Baltic Sea through the Strait of Denmark from the North Sea. Ships of both groups performed a mutually coordinated manoeuvrer for the ships to ensure safe entry of ships into the Baltic Sea, as reported by Latvian Defence Ministry.

Russia distances itself from proclamation of «Malorossiya» in eastern Ukraine

The Kremlin has noted that the proclamation of a county entitled «Malorossiya», or «Little Russia» in the pro-Kremlin-separatist-held eastern parts of Ukraine is a personal initiative of the rebel leader.

Expert: oil prices will likely remain zigzag-like

Aside from one week, oil reserves have been continuously declining since April. This trend will likely continue. Oil refining activities were not too high. This reduced demand for oil. In Q3, oil producers will increase production output and compound stores, comments macroeconomics expert Dainis Gaspuitis.

Construction output in Q1 in Latvia – tenth largest in EU

In Latvia, construction production volume in Q1 2017, when compared with the same period of last year, grew 8.4%. This puts Latvia on the tenth place among EU member states, according to the latest data from Eurostat.

Most read

Most commented

Do you have an acquaintance currently looking for a job?

View Results

Loading ... Loading ...

Polls Archive



Category feed: Feed: