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VIE DES AFFAIRES 16 FEVRIER 2000 THIRD AMENDED COMPLAINT
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16 Février 2000
The
Commissioner files his third amended complaint in Altus alleging, inter
alia: (a) “On information and belief, a contrat de portage . . .
was also entered into between Altus and Omnium Geneve and between Altus and
each of the other entities that were members of the MAAF syndicate . .
. .” Altus
TAC
¶ 34 (emphasis added). (b) “The contrats de portage were intended to and did make
it appear as if MAAF and the other members of the AAF syndicate were legitimate, independent
investors . . . while secretly giving Altus and Credit Lyonnais total
ownership and control over ELIC’s bond portfolio and insurance business.
In reality, MAAF’s participation, as well as that of the other syndicate members, was a sham designed to mislead the Commissioner .
. . .” |
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