Mmegi Online :: Norilsk not backing down
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Last Updated
Thursday 17 August 2017, 11:24 am.
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Norilsk not backing down

Russian giant Norilsk Nickel and BCL Ltd’s main creditor has not backed down from taking the company to task over the mine’s liquidation.
By Mpho Mokwape Wed 21 Dec 2016, 23:05 pm (GMT +2)
Mmegi Online :: Norilsk not backing down








The world’s largest producer of refined nickel in a recent company statement made it clear that their pursuit for justice continues as they accused the BCL provisional liquidator, Nigel Dixon-Warren of applying under hand tactics.

The company has accused Dixon-Warren of playing procedural games instead of dealing with the substance of their claims as stated in their legal suit against BCL.

According to the company, they are deeply disappointed in Dixon-Warren’s conduct as a provisional liquidator. 

“The position he has taken in relation to Norilsk’s application was aggressive and wholly unnecessary, and has undoubtedly served to waste the resources of BCL, by incurring legal costs,” reads the statement.

Norilsk has also noted that their claims were uncontroversial, straightforward and indisputable, as was acknowledged publicly by BCL at the time Dixon-Warren was appointed as the liquidator. 

The company further said they could not understand how Dixon-Warren was able to justify his recent conduct to the creditors of BCL.

The statement

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reads, “Dixon-Warren appears to have forgotten that his overriding duties as liquidator are to the creditors of BCL: he should be acting completely independent of Government. 

And as BCL’s most significant creditor, Norilsk is obviously taking an active interest in all issues pertaining to BCL”.

The company maintained that its merits of the case were clear for all to see and hence they remained determined to pursue the case until they get justice.

Meanwhile the company has refiled its suit against BCL following a withdrawal of a related procedural application at the High Court.

Norilsk made it clear in their statement that the step was taken merely to address narrow and technical issues raised by Dixon-Warren. 

“At the time of the withdrawal, Dixon-Warren was made aware that the application was being re-filed, and indeed a new application was filed on the following business day, Monday 12 Dec 2016, in substantially the same form,” reads the statement.

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