EurOrient Financial Group: Mr. Nechemia Seeks To Blunt Allegations
EurOrient Financial Group (“EurOrient”), a Delaware corporation, is seeking to blunt allegations within libelous articles published on the Internet, (at Yahoo.com and at least on a dozen other Web portals) alleging maladministration by EurOrient and its personnel. EurOrient believes that Ms. Xiaoxi Li, the Marketing Director of Hellmuth, Obata and Kassabaum (“HOK”), based in Beijing, China, is the author of these articles, based upon her own statements made in United States Federal Court. HOK is the U.S.-headquartered architecture, interior design, engineering, planning and consulting firm.
As per a statement made by the Board of Directors of EurOrient to the press, “those allegations are outrageous falsehoods and representing an obvious mistreatment and an injustice.”
The articles were published after Ms. Xiaoxi Li (who is also known as Ms. Cecilia Lee), Mrs. Xuan K. Le, and Mr. Xiaozhuang Li were named as the prime suspects for breaking into EurOrient corporate property and removing millions of dollars worth of art and antiquities, intellectual properties, and other properties belonging to EurOrient or its subsidiaries. This break-in occurred between July and September 2006 and was uncovered in September 2006. This crime against EurOrient is under investigation by the Los Angeles Police Department, and is considered to be amongst the largest recent art thefts within the United States of America.
The articles accuse EurOrient of various acts involving business and financial misconduct, and also accuse Mr. Ron Nechemia, Chairman of the Board of the Directors of EurOrient and the founding father of private sector global development banking, of immoral and unethical practices. In addition, the articles attempt to create a false impression that EurOrient is experiencing serious legal issues before the courts for security violations from a legal action (Corral Vs EurOrient) which was filed against various subsidiaries and affiliates of EurOrient in 2003 and EurOrient was relieved by the Court for failure to show cause (on demurrers). Similarly, the case of Ms. Xuan K. Le Vs EurOrient was successfully defended by EurOrient on October 29, 2007.
“Those people that choose to disobey the rule of law and make false allegations set before us the clearest of divides: between those who seek order, and those who spread chaos; between those who work for peaceful change, and those who adopt the methods of gangsters; between those who honor human rights, and those who deliberately take the lives of men, women, and children without mercy or shame”, said Mr. Nechemia, Chairman of the EurOrient Board of Directors.
Mr. Nechemia added that “Today humanity struggles against all kinds of terrorism: the struggle against inequality in international economic relations. It is the struggle against ignorance, injustice, discrimination, intolerance, exclusion and poverty. There will be no peace if we do not eradicate these scourges.”
The Treasury Board of EurOrient stresses that “the allegations of misconduct and maladministration are serious: they are matters of great and legitimate interest to the public at large in developing countries, to economies in transition, as well as in the United States. They demand a full inquiry that is efficient and comprehensive, yet fair and impartial toward each individual and entity within the scope of the investigation. Our aim is to promptly provide the international community with a full and accurate accounting of what occurred, as well as the results of the investigations or any other action that might be taken. That work must not be impeded.” Further reports will result from any substantive findings on those matters.
Tina
