Two weeks ago, I started with my
three-episode interview series, with respect to the serious legal
disputes between the Spanish building and operation company Parcelatoria de Gonzalo
Chacón S.A., represented by its owner/managing director, mr. Jaafar Jalabi, and
the full Spanish subsidiary of Dutch bank SNS Property Finance, ‘Procom
Desarrollos Urbanos’.
These disputes had emerged as a
consequence of a 50/50 investment of PCG and PDU in a shopping mall in
Valencia, Spain, which had been abolished by PGC, due to irreconcilable
differences of opinion during the execution of this project. Please read this
whole exclusive and shocking interview of Ernst´s Economy with PGC managing
director Jaafar Jalabi.
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| Jaafar Jalabi, CEO of Parcelatoria Gonzalo Chacón Picture copyright of: Ernst Labruyère Click to enlarge |
Today, Jaafar Jalabi sent me an integral
letter, which he sent earlier to Michael Enthoven, chairman of NLFI. NLFI is
the current legal owner – on behalf of the Dutch state – of both SNS Reaal and
Propertize BV. The latter is the legal successor of SNS Property Finance.
In his letter Jaafar Jalabi urged Enthoven
to stop the enduring legal battle of SNS Property Finance and now Propertize BV
against PGC and its representative, Jaafar Jalabi.
In the following five pictures, I
print the integral letter of Jalabi to NLFI. This letter again gives a bright
picture of the whole legal battle of his company with state-owned bank SNS
Property Finance / Property.
A battle which has apparently not been
fought by SNS PF out of well-funded legal reasons, but just as a distraction
and delaying tactics, in order to avoid payments due to PGC.
Here is the letter to Michael
Enthoven, courtesy of Jaafar Jalabi. Please click to enlarge…
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Letter of PGC to Michael Enthoven of
NLFI, page 1
Courtesy of Jaafar Jalabi of PGC
Click to enlarge
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Letter of PGC to Michael Enthoven of
NLFI, page 2
Courtesy of Jaafar Jalabi of PGC
Click to enlarge
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Letter of PGC to Michael Enthoven of
NLFI, page 3
Courtesy of Jaafar Jalabi of PGC
Click to enlarge
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Letter of PGC to Michael Enthoven of
NLFI, page 4
Courtesy of Jaafar Jalabi of PGC
Click to enlarge
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Letter of PGC to Michael Enthoven of
NLFI, page 5
Courtesy of Jaafar Jalabi of PGC
Click to enlarge
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