One question to ask after reading these affidavits, why does a $1 billion venture capital fund (see postings below and comments elsewhere in this blog) need "loans" from one of its founding members, funded from a "consulting" agreement [see 1st Al-Mazeedi Affidavit, Paragraphs 27(a), 28, and 31(c-d)] and channeled through an offshore bank account in Monaco [see 3rd Al-Mazeedi Affidavit, Paragraph 13], to meet payroll or keep other BTU-affiliated companies (some of them US-based ) from "liquidation?"
A compendium of information from PUBLIC DOMAIN sources providing additional perspective on the BTU group of companies (BTU Ventures, BTU Industries, and other affiliates), QGEN, as well as their principals, Wael Al-Mazeedi and Mitsue Oishi. The BTU group of companies are headquartered in Waltham, Massachusetts and should not be confused with Peabody Energy (NYSE: BTU). QGEN should not be confused with Qiagen NV (NASDAQ: QGEN).
BTU Power Company (In Liquidation): CPC & TAPCO Investments
Showing posts with label Evolvence Capital. Show all posts
Showing posts with label Evolvence Capital. Show all posts
Friday, December 10, 2010
Evolvence and the Hayat Litigation - consequential contradictions in Wael Al-Mazeedi's statements and actions - re: Mr. Khaled Al Muhairy
An interesting dichotomy is seemingly at work regarding the impetus for Wael Al-Mazeedi's actions vis-à-vis the litigation with Abdulmohsen Hayat. At the very least, some interesting questions are raised by statements and disclosures made in the various documents discussed below.
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