Link to the Show / Show Notes
Hi everyone; I'm back, wounded and limping but still kicking LOL. With some of my "little ones" we were able to travel extensively through Europe, US and Costa Rica as well as making some contacts in Singapore, U.A.E (this was published in one of previous Cheche editions. What we have discovered is nothing less than shocking!
I visited the so called Headquarters of Dowans S.A in Costa Rica and had access to relevant organs that deal with businesses there. Some of the things we were able to raise with the Costa Rican gvt and the US gvt were addressed in the meeting in London when the major economic powers addressed the current economic crisis. If you can recall, Costa Rica was named as one of the countries that unless they change their legal framework concerning offshore accounts they will be blacklisted. We are glad as we left the Costa Rican gvt decided to change some of the laws and regulations. We are eternally grateful to those people who made the trip worthy taking and fruitful.
We learned a number of things about Dowans:
a. If It was registered in Costa Rica then simply as a briefcase company. Due to the legal and procedural laxity that existed then in Costa Rica it was very easy for some shady businessmen to appoint a "lawyer" who would act as their middleman and a point of contacts.
After our extensive investigations through different lawyers organisations we were unable to find the lawyer involved with Dowans nor his/her address or whereabout. One authority told us confidently that such a person does not exist except in papers.
b. We visited the offices of Dowans Costa Rica as indicated in their BRELA forms. In these forms Dowans (T) has listed two companies as one of the major shareholders, one is Dowans S.A of AVENIDA DE LA ROSAS 3J
CALLE BLANCOS, 1150 sAN JOSE, COSTA RICA and the other company is a major Singaporean company and world world leader in Port Management.. Portek Internation of 20 HARBOUR DRIVE #02-01 PSA VISTA, SINGAPORE 117 612 (Portek International Limited).
The later (Portek) assured us with no qualifications that it has no share, none whatsoever in the Dowans (T). And it is not involved in energy products in Tanzania. The only project they had was the sale of some logistics equipments to TICTIS. This can be verified easily by contacting: Tel: (65) - 6873 1114 or Fax: (65) - 6873 2224
The former (Dowans S.A) has been a pain in some places better left unmentioned. The report of our investigation team under my able leadership came to this conclusion "there is no such a business in Costa Rica operating under that name".
Indeed my visit to the address mentioned in BRELA forms led me to a free trade zone. A check of the business located there revealed no such company. After combing public and private records such as the National Registry of Costa Rica, Telephone, electricity, automobiles and database searches all revealed nothing. Not about Bernal Zamora Alce (the "lawyer") nor the company itself.
Our conclusions then are as follows:
a. Dowans entered into Tanzania under false pretenses, providing misleading information and therefore has engaged in fraud.
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