Former C.e.o. Instigated Raid On Bodog Manila Office

FORMER C.E.O. INSTIGATED RAID ON BODOG MANILA OFFICE

08th January, 2014 at 03:52:59
Source: http://www.azonlinecasinos.com

More dirty linen aired in new report.

The publication CalvinAyre.com continues to publish information surrounding the Philippines dispute between Bodog Asia and its erstwhile chief executive officer Jan Robert Gustafsson and "...his Manila-based crime gang" (CalvinAyre.com's description.)

Gustafsson and his cohorts have been accused of a multitude of theft and fraud offences against the company, all reported by CalvinAyre.com and other publications, and have hit back with some extraordinary claims of their own.

In the latest round, CalvinAyre.com claims that the recent police raid on Bodog Asia's Philippines support centre was a direct result of Gustafsson swearing an affidavit to the police that gambling was being facilitated through the support centre in contravention of its mandate.

The publication claims to have in its possession a copy of the affidavit signed by Gustafsson, part of which was published on its website Tuesday.

The subsequent police raid halted operations at the centre for some time, resulted in seized equipment and caused disruption to operational and charity activity ongoing at the time (see previous reports).

The affidavit allegedly includes other questionable allegations that could result in further charges, such as perjury, being added to the growing list of crimes Gustafsson et al are alleged to have committed against Bodog Asia.

The CalvinAyre.com report suggests that the "collateral damage" inflicted by Gustafsson et al's activities, and particularly the ease with which he was able to persuade police to raid a legitimate commercial business premises, might include gambling companies thinking twice about investing further in the country.

"Companies are alarmed by the relative ease with which an alleged embezzler fired for incompetence managed to convince members of the legal system to stage a retaliatory raid on his former employer, the publication claims.

"Not all operators have Bodog Asia's resources and thus might not be able to replace all their seized equipment on such short notice, leaving these operators unable to conduct business for an indeterminate period.

"Discreet inquiries are now being made of other Asian jurisdictions as to which offer a safer harbor for company assets. Barring reassurances from the local government, companies are likely to institute a hiring freeze, possibly even make some precautionary belt-tightening measures."

The article includes suggestions that Gustafsson and one of his associates are now the subject of a Philippines' Bureau of Internal Revenue tax audit; that a major financial investor in the Swedish former exec has become nervous and is backing out of a deal to get into online gambling; and that Gustafsson may be planning a return to his native Sweden.

All grist for the rumour mill and sure to generate more negative publicity in the weeks ahead.

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