I get very little information. I really gave up trying to help over a year ago when it became obvious I was wasting my time. Initially I expected to at least get a million or two back from the $10 million in capital I put up. I no longer expect tot see a penny. I just hope customers get their money eventually. But I have no authority at all to speed up the process.
The receiver is making too much money off of this to want it to end. That's my opinion. So you need to bring the pressure on OCIF. There is not much I cab do personally, as my hands are tied legally due to the settlement. I had hoped that settlement would have at least expedited the return of customer funds. That's one of the main reasons I agreed to it. But the Novo situation same out of left field and screwed that up. It turned out to be a huge windfall for the receiver.
The better argument is that a receiver never should have been appointed. The better alternative was to allow Qenta to buy the bank. The next best alternative was to allow another buyer. There were other qualified buyers who stepped up. Third best was to allow me to liquidate the bank myself without a receiver. I offered to do the job myself for free, and would have personally guaranteed every customer would have been made whole, even if I had to use my own funds to do it. But that would not have been necessary as there was more than enough money available to pay all customers in full, even without the Currency Matters money the receiver blew.
https://ricanmagazine.com/politics/...eiras-Alleged-Misconduct-and-Its-Consequences
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