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IV - Letter to German Federal Minister for Justice seeking justice on behalf of a foreign investor, 11 December 2000

from Appendices

Published online by Cambridge University Press:  21 October 2015

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Summary

Ref: FMJ/00/10/001.

11 December, 2000.

The Federal Minister for Justice

Federal Ministry of Justice

The Honourable Prof. Dr Herta Däubler-Gmelin

Jerusalemer Straßen 27

10117 Berlin.

Dear Minister,

Seeking Justice on behalf of Foreign Investor

Our company was bought by Gaspower Coenergy Systems (S) Pte Ltd of Singapore from BvS – Bundesanstalt Für vereingungsbedingte Sonderaufgaben Vertragsmanagement formerly known as B/M/G/B in December 1997. To date, around 25,000,000.00 DM have been invested in the company.

The head of IG Metall Mr. Rainer Metke who is also a member of the State Parliament of Sachsen-Anhalt made false accusation of insolvency, fraud and stealing of engine design against my Technical Manager and myself to the Public Prosecutor Madgeburg and in the local press, see Appendix (1). Despite my protest four policemen accompanied by an interpreter, WITHOUT warrant conducted a two-and-half hour search of my home on Sunday night 12 November 2000 from 7.00 to 9.30 p.m., and subsequently sealed my office and seized accounts and business documents. Two days later, the Lower District Court issued confirmation of the searches and seizures, see Appendix (2).

The bad publicity resulted in our creditors demanding payment and the banks froze our accounts. Stadtwerke Halberstadt who were supplying GAS to our Power Plant that provides “electricity” and “heat” to a number of buildings around our factory, threaten to “cut off” GAS supplies on 16.11.00 at 12 noon unless full payment were made. To ensure supplies of heating and electricity we were left with no alternatives but to apply to the Lower Court in Madgeburg on 16.11.00 morning for Temporary Insolvency Administration, see Appendixes (3) & (4).

The press reports and allegations of insolvency, fraud and stealing are totally untrue and without foundation. As at 16.11.2000, we had made a net profit of 1,544,000.00 DM, see Appendix (5). On the advice of our Chief Designer, Mr. Hans Standhardt, we had taken precaution to protect the design of our revolutionary new engines by assigning it to our parent company in Singapore at 10,000,000.00 DM. In order to comply with the conditions of the Research & Development subsidy from the State of Sachen- Anhalt that the design and engines must remain in the State for not less than five years they were licensed back to our company, see Appendixes (6) & (7).

Type
Chapter
Information
Serving a New Nation
Baey Lian Peck's Singapore Story
, pp. 119 - 121
Publisher: ISEAS–Yusof Ishak Institute
Print publication year: 2013

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