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Euro Demolition BV. Euro Demolition Offshore BV, Euro Demolition Onshore BV, Euro Demolition Salary Fraud, Kickbacks, Illegal fee payments, tax fraud, |
29th of Nov, 2011 by User877646 |
Euro Demolition is a specialized demolition company active in both the offshore and onshore sector on the international arena. This company is managed by a executive group of crooks that gains access to assignments and work by pay-offs, fraud or misrepresentation of its track-records. The company is structured to facilitate investors looking for quick ROI at high risk and low costs. To facilitate this it cuts corners to bypass international tenders, it pays fee's to governments or high ranking officials with no intent to pay them once the work is secured. The bill is mainly paid paid by its employees that are working at very low salaries, if local bordering slavery. The signed work contracts are not honored, or almost always pushed towards extra-work invoicing, crew salaries are held-back, sub-contractors unpaid when the company leaves the country where it delivers its services. The General Manager Mr. Jos Fruytier, has a business law degree and is untouchable, covering its mismanagement practices by letting the Special Purpose Vehicle's collapse near the end of contract.(SPV =Legal entity company set up to accommodate a projects liabilities). This way investors and sub-contractors are left with the liabilities and harm, fishing behind the net for invested funds. The companies second man and founder Mr. Ber Mak, has officially no position in the executive management however owns minority shares and is paid offshore for its services. He is charismatic and arranges the payoffs, illegal fee payments and questionable contracting. Mr. Ber Mak is personally responsible for cutting corners on safety during equipment building that already resulted in documented crew injuries and an investigation in the Netherlands on his role in an accident resulting with the death of an engineer was conducted in 2011. Further investigations in Karachi, Pakistan, Conducted by the Pakistan FIA / KPT / Euro Demolition, regarding pay-offs and corruption was not enough to lead to prosecution or stop the company to be active with same disregard to human welfare in other countries. The victims of Euro Demolition are sub-contractors, employers, crew/workers, banks, investors, environment and the international business community. Do Not Disregard This Warning; Your business will suffer by working with this company. |
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