Dear Vasseti Zavarco Shareholders,
Let me start by saying thanks for the emails and to answer the most asked question, yes we are still here, still watching and still investigating .....
News is thin on the ground.....so we have used this opportunity to study and follow up on all the information we have received from you relating to and not relating to this fraud. So please keep it coming !!!
In the meantime, we are watching closely to see how this class action suit brought by Tan Sri Syed Mohd Yusof Bin Tun Syed Nasir and Ranjeet Singh Sidhu plays out in the Malaysian Courts. Many allegations have been made and I guess it won't be long before we find out just who is telling the truth.
So watch this space......
The Vasseti Group was sold to investors as an opportunity rarely seen since the likes of Microsoft. Sold to investors as a premier group of companies made up of mergers & acquisitions, listed on the Frankfurt Stock Ex. and backed by Tan Sri Syed Yusof Nasir, what could possibly go wrong... The reality turned out to be very different. Theft, fraud, deceit, lies and unimaginable greed, eventually led to all investors losing their entire investment.