Energy, EU – Baltic States, Latvia, Legislation, Oil, Transport

On August 30, 2010, the properly convoked real Meeting of Ventbunkers took place in Zollikon, Switzerland, and more than 72% of the shares were legally and validly represented at the Shareholders’ Meeting. This Meeting had been called for by the legitimate Ventbunkers Management, which includes David Anstis (Chairman), Janis Haze (Finance Director), Alvis Haze (Terminal Management Director) and Mihhail Dementjev (Commercial Director). While the real Shareholders of the Company peacefully re-united in Switzerland, allegedly at the same time a group of fraudsters gathered in Riga under the lead of Martins Kveps. Kveps chaired the false meeting. Janis Junkers served as the Secretary. Vote counters in the false meeting were Arnis Nicgalis and Martins Kveps. Allegedly, they met at the then registered office of Ventbunkers in Riga, at Staraja Rusas iela 18-20. Ventbunkers has written prove from the owner of these office facilities that nobody showed up and nobody held a Shareholders' Meeting at this location at the given time. The false Shareholders' Meeting allegedly elected as members of the Supervisory Board: Olaf Berkis, Gennady Shevcovs and Alexey Ovod and Janis Junkers, informs BC Ventbunkers’ press service.

On October 4, 2011, the false Supervisory Board under the lead of Olaf Berkis allegedly elected a new false Management Board consisting of Dzintars Kass, Raimonds Grinins, Valery Godunov and Andrej Pinkov. The Fraudsters submitted their false documentation to the Register of Enterprises on October 6, 2011. On October 7, the Register of Enterprises decided not to carry out the registration of these false documents, because it realized that two Shareholders' Meetings had taken place on August 30, 2011. For unknown reasons, on October 10, 2011 the fraudsters were able to withdraw the original (false) documents from the Register. This is surprising because in accordance with the practice of the Register submitted documents cannot be simply taken back. It is rumored that Kveps has good friends there.

Kveps and his accomplices have an impressive, but not very successful track record for falsifications. Kveps keeps trying the same dirty and illegal tricks. And he keeps failing. He falsified a Shareholders’ Resolution of Euridice Corporation N.V. in Curacao on April 26, 2010. A court decision voided this resolution and all decisions in which the false Board Member of Orginvest had participated. Then, Kveps falsified a Kalija Parks shareholders meeting on April 29, 2010. A court decision voided that meeting. Then he made attempts to take control of Ventspils Commercial Port by falsifying shareholders meetings, and he failed again. The court voided that meeting as well. Several criminal investigations are pending against Kveps and his accomplices.

As stated Dr. Rudolf Meroni, the Chairman of the Ventbunkers Supervisory Boards: “When will Kveps stop with his falsifications? It is a shame that fraudsters falsify documents and simply submit them for registration. Now, there are rumors that Kveps will try it again on October 25, 2011. The legislation on the Register of Enterprises has to be changed in a way that false applications of fraudsters cannot be so easily be submitted, if there are justified objections. Other Western European Countries have all a system to object to attempted false registrations. Only Latvia seems not to know such a control mechanism."