Nguvu Holdings denies alleged US$224 million share fraud
Nguvu Holdings denies alleged arrest of Moses Bosompem over US$224m share fraud Nguvu Holdings Limited, the parent company of Adamus Resources, has dismissed reports alleging that its Director and Secretary, Moses Bosompem, was arrested at the airport over an alleged US$224 million share fraud. In a rejoinder issued on Wednesday, the company described the allegations […]
Nguvu Holdings Limited, the parent company of Adamus Resources, has vehemently denied allegations of a US$224 million share fraud involving its Director and Secretary, Moses Bosompem. In response to a report claiming his arrest, the company stated that the allegations are "false and misleading". The company highlighted that Mr. Bosompem has neither been arrested nor charged with any share fraud.
It further accused individuals Allan Morrison, Paul List, and Mike Cooke of being responsible for the publication. The company cited records from the Australian Securities and Investments Commission (ASIC) confirming Mr. Bosompem's appointment as Director and Secretary of Adamus Resources Pty Limited on October 20, 2022. The company urged media organizations to retract the false reports and expressed potential legal action against non-compliant news portals.
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