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HB, govt deal inches forward despite Antwerp boardroom brawl

Friday, September 15, 2023 | 370 Views |

New partnerships: Papismedov and Masisi at the launch of HB Botswana in March PIC: HB ANTWERP

Government and Belgian diamond firm, HB Antwerp, have finalised the fundamentals of a keenly watched equity deal despite the turbulence kicked off by a dispute amongst the firm’s founders over strategy, Mmegi can reveal.

Oded Mansori, one of five partners who founded HB Antwerp in 2019, this week blasted his co-founders for relieving him of his management duties and has taken the dispute to courts.

Mmegi has learnt that a Belgian court is due to pronounce judgement on the dispute on September 22. In the matter, Mansori is suing his former co-founders alleging that his removal from management duties at the firm was improper.

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HB, govt deal inches forward despite Antwerp boardroom brawl

Government and Belgian diamond firm, HB Antwerp, have finalised the fundamentals of a keenly watched equity deal despite the turbulence kicked off by a dispute amongst the firm’s founders over strategy, Mmegi can reveal.