Monday, March 7, 2011

Want to be an employee that makes a difference at QGEN (and BTU Ventures before it "disappeared.")? Read On...

People make a difference at BTU Ventures, BTU Power, and QGEN!  Actually, no.

WHAT THEY SAY
Within the last few weeks Almazeedi had his BTU Ventures website "deleted" and his QGEN website "updated".  Many statements and "concepts" were transfered over from the deleted site to the updated site.
  
QGEN includes the quote immediately below in its website.  BTU Ventures, before its disappearance from the web, also included the exact same statement.  It could be considered somewhat of a "mission statement" and ostensibly represents the ETHOS of the companies headed by Wael Al-Mazedi.
"All of our people are active participants in shaping the future direction of our company."
The statement seemingly indicates that people, such as partners (Hayat), directors (Hayat), advisors, consultants, employees, etc. are EMPOWERED.

WHAT THEY  DO
Re: Hayat: 44% Owner , Director as well as "Employees in General"
"After the initial investments into BTU Group, Al-Mazeedi began operating BTU Group so as to limit Hayat's and other employee involvement, regularly replacing officers and junior and senior staff, forcing the resignations of others who disagree with him, and outright rejecting qualified individuals suggested by Hayat. 
Re: A Key Advisor and Consultant for BTU Group
Defense and Counterclaim, paragraph 36
"As Mr. Mazeedi's behaviour became more selfish, erratic and of dubious propriety many of those who worked for or with the BTU Group felt it necessary to leave in their own interests.  Dr. Rathnam's departure falls into this category."  
Re: A Former BTU Financial Controller
Kenny Leung Email to BTU and Draft Letter to Evolvence, 3rd page, 4th paragraph
"As I had noted at the beginning of this letter, I ceased to be BTU's Financial Controller as of 18 September 2007.  My employment was abruptly terminated on that date after I sent an email and memorandum within BTU documenting ethical concerns I had about actions and positions taken and/or not taken by BTU which clearly harmed the interests of its various stakeholders." 
Re: A Former BTU Ventures Anonymous Employee
glassdoor.com: BTU Ventures Reviews
Ownership is intently disingenuous having little regard for employees - exceptionally talented at the "bait and hook" - making exceptional sales pitch when recruiting candidates in to the organization and offering exceptional compensation - then on a whims notice discarding employee - at times with malice
WHAT THE MASSACHUSETTS COURTS HAVE TAKEN AS UNCONTROVERTED FACTS
Commonwealth of Massachusetts Appeals Court & Middlesex Superior Court
"Hayat was to have a seat on BTU Holdings' board of directors and participate in all major management decisions of the BTU Group..."
"From that time, forward, the defendants have largely refused Hayat's requests for information concerning the operations of the BTU Group."
"In conjunction with their freeze-out of Hayat from BTU Holdings..."
"In December 2007, Al-Mazeedi had Hayat served with notice of a meeting of BTU Holdings' Board of Directors, in Waltham, for the stated purpose of removing Hayat from the Board. He refused Hayat's request for a three-day postponement so that he could travel from Kuwait to Waltham for the meeting. The meeting was held on December 7, as noticed, and the directors in attendance - Al-Mazeedi and Oishi - voted the absent Hayat off the Board."
"No subsidiary in the BTU Group has an independent board and only Al-Mazeedi and Oishi make policy and substantive decisions."
Given that last statement included in the Appeals Court ruling there is nothing else that can be added. 

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