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From the east comes news that could have serious consequences in Inter’s near future.
According to the reports of the Hong Kong newspaper “South China Morning Post”, the “black” president, Steven Zhang, has lost a court case against several creditors and must now pay them a figure of 250 million euros (plus interest and costs). Inter’s number one will be sued by creditors in August to recover a 250 million euro loan and an obligation he had guaranteed in 2020.
Zhang made a vague statement saying that: “it appears that some of the staff involved in the project who had dealings with the Bank may have forged my signature to sign on behalf of Great Matrix and on my behalf to assist with the refinancing”.
To prove this statement, during the court hearing, an expert was asked about Zhang’s signature on the documents, and according to this report, 5 of the 6 signatures on the agreement were made by Zhang himself, while the sixth was added to an electronic copy.
The ruling now puts creditors in a position to seek the 250 million euros owed to Zhang, and China Construction Bank has filed a civil suit in Milan asking a Milan court to invalidate a February 2019 pay cut for Zhang in his role as president. of Inter, which would help creditors in their effort to recover their assets./ Super Sport
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