Pontus Marine LTD- Leader of fishing industry in Somaliland

Sunday, November 30, 2014

Somaliland ministers extremely annoyed with a French businessman

(Medeshi) -The French businessman Luc Marill, based in Djibouti where he owns a trading group with the same name, has for some time been in head-on collision with several Somaliland ministers who are blocking a ruling in his favour by a court in Hargeisa from being applied.
Marill had taken legal proceedings against his local partner, Osman Abdi Osman, a minority stakeholder in the Somaliland subsidiary of his firm Toyota Marill Djibouti Co. (automobile agency). He is seeking $1 million compensation for use of the Toyota franchise without his knowledge and for certain curious dubious accounting practices. The execution of this ruling has been blocked in Hargeisa for two months due to the intervention of the ministers Ali Mohamed Warande (interior) and Mohamed Abdilahi Omar (formerly trade). Two other ministers, Hersi Ali Haji Hassan (presidency) and Abdi Aziz Mohamed Samale (finance) have taken the same stance as their colleagues from the outset. A real affair of State!

Source : Africa Intelligence