Emitents | Ventspils nafta, AS |
Veids | Citi |
Valoda | EN |
Statuss | Publicēts |
Versija | |
Datums | 2010-11-05 16:22:11 |
Versijas komentārs | |
Teksts |
JSC Ventspils nafta (VN) is the
largest shareholder of JSC Latvijas kuģniecība (LK) holding 49.9%
of LK equity. VN has serious concerns that members of the Board and
the Council of LK possibly mismanage property of the company in the
way that they enter into evidently unfavourable transactions and
receive payment from the company without valid legal grounds. In
the opinion of VN such actions shall be qualified as misuse of the
power and misappropriation. Furthermore, current members of the
Board and of the Council of LK have refused several times to comply
with the lawful demand of VN to convene the shareholders’ meeting.
The purpose of VN’s demand was to receive explanations about the
financial condition of LK and to change the composition of the
Council. However, officers of LK have avoided convening the
shareholders’ meeting, as they understand that after their
revocation possibly numerous violations of the law will be
discovered and as a result LK will bring an action against them for
damages.
The first time VN requested the
Board of LK to convene a shareholders’ meeting was on January 25,
2010. Until now, i.e. within 9 months, no shareholders’ meeting has
been organised. Due to the blatantly illegal actions of the
officials of LK, VN, the largest shareholder , is deprived from
participation in the administration of the company. Thus VN faces
an unprecedented case in Latvian history, when the Board and the
Council of a legal entity have used their right to manage the
company with the sole purpose to gain personal
benefit.
Taking into account that VN has
exhausted all legal means in order to achieve the convening of a
shareholders’ meeting and officers of LK continue to conclude
suspicious agreements, VN referred to the Prosecutor General’s
Office of the Republic of Latvia with the request
to initiate Criminal Proceedings
against the officials of LK regarding the misuse and excess of given authority,
misappropriation and delay in filing its annual reports within the
required time frame.
VN has also sent letters
with requests to the Financial and Capital Market
Commission on the violations of the Law on the Financial
Instruments Market by LK and to the NASDAQ OMX Riga on the
violations of the Exchange Rules by LK.
Zane Bojāre
JSC „Ventspils nafta” PR Manager E-mail: zane.bojare@vnafta.lv Phone.: 67821691; 29706733 |
Pielikumi |
|