Brief: Brooge Energy Says Paul Ditchburn Now Serves As Interim CEO And Continues To Hold Role As CFO Of BEL

Brooge Energy

17/01/2024 23:09

Jan 17 (Reuters) - Brooge Energy Ltd  3SF.F :
    * BROOGE ENERGY LTD - PAUL DITCHBURN NOW SERVES AS INTERIM
CHIEF
EXECUTIVE OFFICER AND CONTINUES TO HOLD ROLE AS CHIEF FINANCIAL
OFFICER OF BEL
    * BROOGE ENERGY LTD - ON JAN 2 BOARD OF DIRECTORS OF BEL
TERMINATED SAIF ALHAZAIMEH FROM HIS ROLE AS MEMBER OF OFFICE OF
CEO
    * BROOGE ENERGY: ON JAN 5, A MEMBER OF CO'S BOARD WAS
TEMPORARILY
DETAINED BY UAE AUTHORITIES IN CONNECTION WITH ALLEGED OFFENCES
RELATING TO BPGIC FZE
    * BROOGE ENERGY: INVESTIGATIONS ON ALLEGED OFFENCES RELATING
TO
BPGIC FZE BY BOTH DIRECTORS OF BEL AND SOLE EXECUTIVE OFFICER OF
BEL ARE ONGOING
    * BROOGE ENERGY LTD: BEL BELIEVES THAT NO OFFENCES OCCURRED
AND
COMPLAINTS SUBMITTED TO AUTHORITIES CAUSING THESE INVESTIGATIONS
ARE WITHOUT MERIT
    * BROOGE ENERGY LTD - ON JAN 3 BEL RECEIVED COPY OF NOTICE
THAT
WAS ADDRESSED TO AND SERVED ON BPGIC FZE ON DECEMBER 19, 2023
    * BROOGE ENERGY: NOTICE REGARDING CLAIM & DEMAND FOR PAYMENT
OF
$130 MILLION OWED BY BPGIC FZE TO AL BROOGE INTERNATIONAL
ADVISORY SOLE PROPRIETORSHIP LLC

Further company coverage:  3SF.F 

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