Statement from the office of Mr. Tihomir Kamenov, Founder of DallBogg and representative of the shareholders
New York–Zurich–Sofia
In response to a statement issued by the Financial Supervision Commission (FSC) to the media today, as well as the insinuations and false claims made therein, we wish to clarify the following:
- Since the FSC-appointed special administrators took over ZAD DallBogg: Life and Health, no rent has been paid to date, despite repeated requests.
- From June 9 of this year to the present, hundreds of claims have been processed by DallBogg’s experts but are being deliberately withheld by the FSC-appointed special administrators, despite the availability of funds in the company’s accounts.
- “Objective” reasons given for the non-payment of claims to date have included “organizational, financial, and personnel chaos”; now “the office relocation” has been added to the list—but not the sporadic visits by the FSC-appointed special administrators, who have made no even minimal effort to organize the employees’ work.
- The revocation of the license, touted as “a measure to protect the interests of policyholders,” is not in the interest of citizens and the company’s customers, but rather serves to delay, drag out, and fail to address the claims and complaints that have been filed. Evidently,the FSC-appointed special administrators have other plans for the company’s cash reserves, but not to protect the interests of the insured, which indicates that the true goal is to deliberately drive the company into bankruptcy and looting, after the gang at the Financial Supervision Commission (FSC) revoked the license using a secret methodology for recalculating the projected values of technical reserves.
For more information: see here.
