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Home While Eike Batista's OSX wins a new contract and continues to operate in Porto do Açu, the former billionaire enters the battle to save his last billion that can pay MMX's creditors

While Eike Batista's OSX wins a new contract and continues to operate in Porto do Açu, the former billionaire enters the battle to save his last billion that can pay MMX's creditors

25 May 2022 to 15: 50
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Eike - China - Chinese - Mining - Oil and Gas - Energy - Infrastructure - Employment - Porto do Açu
Eike secret of success – UOL image

Eike reached the rank of richest person in Brazil and eighth richest in the world, according to the ranking of “Forbes” magazine. In 2011, he had a fortune of US$ 31 billion.

According to information from the Terceira Via newspaper, OSX – which never left Porto do Açu, which continues to be controlled by Eike Batista, the project's mentor, continues to move the port complex. This last Friday (20th) the start of the installation work for Go Tratch and Alíseo (Consortium 3T) in the OSX area of ​​Porto do Açu was official. Alíseo will build a flexible base, but Go Tratch operates in the environmental area. The two companies are investing over BRL 425 million and generating around 2 direct and indirect jobs, which will be added to the current 7 workers at Porto do Açu. Definitely, in a more modest way, it is the return to the project he conceived in São João da Barra. in parallel Eike Batista enters battle with former director of OGX to save his last billion. Conflict arose in a fund that holds debentures pledged as collateral for the award-winning award and that can pay MMX's creditors

Eike estimates that he can raise more than 1,5 billion reais with the sale of Anglo American debentures

According to the article written by Por Josette Goulart of the Veja newspaper, the former billionaire Eike Batista is convinced that the fund that holds the Anglo American debentures, the result of the IronX deal, will be enough to pay the entire bankrupt estate of MMX Mineração, the whistle blowing agreements made with the Attorney General's Office and there will still be some change left over for him.

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The auction for the sale of the debentures has already been determined by the MMX bankruptcy court. Eike estimates that he can cget more than 1,5 billion reais from this sale, despite the fact that the fund that holds such debentures marks the asset to market at just 200 million reais.

But halfway through, Eike is in a dispute with Paulo Gouvêa, former director of EBX and now head of SPAC Itiquira. Gouveia has a minority percentage of the Botafogo fund, which holds AngloAmerican's debentures, and managed in court to prevent Eike from voting at the fund's assemblies.

According to Goulart, Gouvêa's participation in Botafogo is through the Itaipava Fund, of which Eike claims that Gouveia is the sole shareholder. The Itaipava fund, in turn, alleges that it has preemptive rights in the purchase of debentures after the MMX bankruptcy court ordered the dissolution of the Mercatto fund, which was the owner of the Botafogo fund and ownership was transferred to Eike.

At the last meeting, held last week, Eike did not vote, as determined by the Court, but included a question in the minutes to try to complicate Gouveia's life. Eike says that Gouvêa is a director and one of the main partners of the resource manager Ygeia, which managed the Botafogo fund. According to CVM rules, it would be a conflict of interest. The last meeting dealt precisely with the change of manager. The fear that Eike alleges in the fight with Gouvêa is that he will be diluted in the background by not being able to vote in the assemblies if contributions are approved that he cannot follow. The Botafogo fund's minority shareholders, on the other hand, want Eike's shares in the fund to be sold instead of being auctioned.

former billionaire gA debt pardon of R$ 47 million in taxes was granted in court in RJ and appeals to suspend the auction on the land of his restaurant.

According to information from columnist Guilherme Amado, from the Metrópoles website, the defense of businessman Eike Batista is trying to suspend the auction of the land where his Chinese restaurant, Mr. Lam, located in Lagoa, south of Rio de Janeiro. The request to suspend the auction was forwarded to the Regional Labor Court of the 1st Region.

The restaurant, which is currently one of the most expensive and sophisticated in Rio, and faces Lagoa Rodrigo de Freitas, was created by Eike Batista in partnership with Chinese chef Sik Chung Lam.

According to the columnist, the three-story establishment is one of the few that remain from the businessman in the wonderful city and the defense's request points out that the sale of the land will cause "a great financial loss at a time when [Eike] is trying to recover financially" . According to Veja magazine, the court scheduled the auction for the project on April 26.

In December 2021, businessman Eike Batista won the right to stop paying approximately R$ 47 million in taxes that he owed to the state government of Rio de Janeiro.

Unanimously, the justices of the 5th Civil Chamber of the TJ-RJ (Court of Justice of Rio de Janeiro) understood that the State Secretariat of Finance of Rio missed the deadline for debt collection. The decision was revealed by the newspaper “Valor Econômico” and confirmed by UOL at the time.

Eike failed to pay the millionaire value of the ITD (Transmission Tax on Cause of Death and Donation) when he separated from Luma de Oliveira, in 2004. According to the judges, the state of Rio had five years to collect the tax debt. However, it took more than eight years, only charging in December 2012.

In the period in which the charge should have been made, Eike reached the position of richest person in Brazil and eighth richest in the world, according to the ranking of “Forbes” magazine. In 2011, he had a fortune of US$ 31 billion.

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