DNO Zampoli Bullshit

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The facts as we know them in the Zampoli matter.  

  • Paolo Zampoli, a self-admitted ambassador for Dominica at the UN and a US citizen whose primary business is real estate, has filed a petition in a New York Court to obtain discovery in an arbitration matter involving the the Dominica CBI-funded, Kempenski-branded, hotel project known as Cabrits Resort and Spa Kempinski Dominica.
  • On May 7, 2015, Zampoli entered into an agreement with Mohamed Asaria and Range Developments (the developers) concerning the development of the Cabrits Resort and Spa Kempinski Dominica in which both parties agreed that Mr. Zampoli would be paid 5% of the development profit for his role in assisting with the development of that project.
  • The development is not complete. 
  • The case is between two private sector organizations. 
  • The respondents in the petition filed by Mr. Zampoli are: Kempinski Hotels, the company behind the Kempinski-brand hotels, Xavier Destribats  who oversees operations for Kempinski Hotels in the Americas, Range Developments which led the development and construction of the project, Mohamed Asaria, who has led the project as the leader and founder of Range and is a signatory to the agreement with Zampoli and Kamal Shehada, the development director of Range Developments.
  • Zampoli states in a sworn affidavit which forms part of the petition documents, that the project has been fully sold out and that 800 passports under the real estate option of the CBI programme, were issued at a cost of US$225,000 each “which yielded a gross total income of USD$195,000,000.”
  • The agreement provides for the fee to be paid upon completion of the project and determined by the closing of accounts which, in turn, is to be determined by the company’s auditors. Range is required to account fully to Zampoli during the course of the project and when the development profit is realized.
  • WE ARE ALL AWARE THE PROJECT IS NOT COMPLETE...... WE ARE ALL AWARE THAT THE PROJECT IS NOT COMPLETE THE FINAL ACCOUNTS ARE NOT COMPLETE. 
  • Zampoli maintains that the project has been completed and despite good faith attempts on his part, the respondents have refused to pay him and have provided no financial accounting information regarding the project.
  • DNO IS AWARE AND ALL DOMINICANS ARE AWAREBRHAT THE PROJECT IS NOT COMPLETE 
  • However, Zampoli claims in his affidavit that distributions from the project in the amount of USD30 million were made to Mr. Asaria and Mr. Shehada from a “Bank of Dominica” account in Geneva, Switzerland.
  • In may 2019, Range commenced arbitration proceedings in London, as provided for in the agreement, seeking a declaration that Zampoli’s claim for payment of the 5% fee is premature as he is not entitled to receive any payment until the the project has been completed and the account has been closed.
  • ANY PARTIALLY EDUCATED PERSON KNOWS THE PROJECT IS NOT COMPLETE
  • Zampoli is seeking the discovery of books, records, financial documents and accounts, and other files or materials and documents that relate to the agreement and the development and construction of the Cabrits Resort & Spa  Kempinski Dominica.
  • THIS IS PREMATURE, BUT AT THE END OF THE PROJECT IT HAS TO BE PRESENTED. 
  • Zampoli claims that without an accurate accounting and discovery concerning the completion of the project, he will not be able to form arbitral claims for his rightful share of the profits and his repeated requests and demands for an accounting and access to the books to determine Project completion, have been rebuffed time and again.
  • Zampoli believes that considering the scattered web of foreign bank accounts many of which are vehicles for evasion and fraud in jurisdictions widely known to be tax havens where funds disappear without a trace, that without prompt discovery from respondents at this time, he may likely lose any ability to recover his due share.
Linton is questioning the amount of money which Zamponi in his affidavit, claims was paid out to the two officials of Range Developments (Asarias and Shehada).
HOW DOES ONE MAKE A CLAIM WITHOUT EVIDENCE, THIS THE REASON HE IS ASKING FOR BOOKS OF ACCOUNTS. 

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