In a brazen act of defiance, injunctued executives of Adamus Resources Pty Limited have disregarded a court ruling that deemed their appointments to the board of the company unlawful. Despite compelling evidence of several major problems with the running of the company, the Government of Ghana, which holds a significant stake in Adamus, has remained silent on the matter.
The controversy stems from the now-discounted claims of Ms. Angela List, who attempted to assert her role as Managing Director of BCM Investments and subsequently transferred all its shares to her own company, Nguvu Mining Ltd. recently registered in Mauritius, despite claims of being a Ghanaian company.
Using this position, she proceeded to attempt the removal of the duly appointed sole Director of Adamus Resources, a company acquired with BCM Ghana funds.
The Supreme Court of Western Australia delivered its verdict in December 2022, declaring Ms. List’s actions illegal and invalidating the appointments she made to the Adamus Resources Ltd board. On February 3, 2023, Adamus Resources Pty., the majority shareholder, convened an extraordinary general meeting.
Notably absent from this meeting were representatives from the Ministry of Lands and Natural Resources, Mrs. Angela List, and Sarpong Odame, the purported ‘secretary’ of the company who court records indicate, had no legal standing and was appointed on the whim of Ms List.
Despite all reason and logic, the responsible government agencies have failed to act, prompting an application to the High Court of Ghana. The court responded by restraining Ms. List from acting as Managing Director and injuncting other senior officers, and ordered the formation of an Interim Management Committee to oversee the affairs of Adamus.
Regrettably, this directive has not been implemented to date, despite the Ministry of Lands and Natural Resources having already appointed the Chairperson as mandated by the court. And in a blatant display of contempt for the court’s authority, Ms. List continues to act as the Managing Director, defying the legal injunction.
The government’s and the Chamber of Mines silence on this matter is deeply concerning and raises questions about its commitment to upholding the rule of law. The failure to address such blatant defiance of a court ruling sets a dangerous precedent and undermines the integrity of the legal system. It is imperative that the government takes immediate action to enforce the court order and install the Interim Management Committee as mandated by the court.
