Trying to get justice for a large number of people who invested in an off-plan holiday resort in Cape Verde, but lost all their money as Tecnicil breached the contract, went into liquidation, kept all the money and sold on to Agua Hotels who are now renting and selling the properties we paid to build! Follow us on Twitter @capeverdescam
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Thursday, 8 September 2016
CAPE VERDE BREAKING NEWS - and it's not Good!
As a group of British investors, who have paid for Villa Verde in Cape Verde to be built and lost all of our money, we have not just invested money. The time, the stress, the failed negotiations have now gone on and on for years. Until recently. Many of us have written letters to Tecnicil (the developer), the Lawyers, the Governing bodies, the Government officials, our own MPs and even MEPs as apparently we do have rights under EU laws. Most letters and emails have gone unanswered until recently when we received an invite for our Group Leader to have a meeting. Here is the letter:
As you know,
over the past year Cape Verde has implemented successive strategies Growth and
Poverty Reduction (PRSP).
The MFP is
assessing (final evaluation) the Strategy Paper for Growth and Reduction of
Poverty with the ultimate goal of obtaining inputs for formulating a new
Country Strategy Paper (2017-2020).
The law requires
that the final evaluation of the GPRSP is guaranteed by an external and
with this evaluation exercise, the National Planning Department (DNP) of the
Ministry of Finance is to produce and compile multiple documents (conceptual
document, terms of reference, script, etc.) and to carry out initiatives
(preparation of a advisory forum) to the start-up phase of the development of
the new strategy.
It aims to
assessment, analytical basis to guide the new strategic document that is being
made through the identification of key constraints and potential solutions. The
expectation is that this exercise is comprehensive, so as to bring different
perspectives from the public and private sectors, civil society groups, NGOs,
religious congregations, etc.
For the final
evaluation, it is on the ground a team made up of five experts, four (4)
international experts and one (1) national expert. This evaluation exercise has
the financial support of the European Union Delegation, and is supervised by
So we came this
way ask for your availability, or team delegate to a working meeting with Dr.
Morais Elsa, Head of the expert team on 5 September at 10:00, and if possible,
give you enough time for a friendly and frank conversation in order to have
important inputs to give a robust assessment and thus make the next document.
If the date and time are not the convenience of CV INVEST we are open to a your
Move your name
known the wealth of knowledge that has about Cape Verde and your own experience
public, private and professional and also citizen concerned with the
development of this country.
the understanding and attention you give to the subject.
Best regards, Jacqueline
So we thought maybe, at last they were going to address this situation in the best interests of their country in order to stop any more publicity so they can build their tourism and trade with Foreign countries. We were horribly wrong.
We have now received a letter stating that the contact in the Cape Verde Government that wanted a meeting had mistaken us for Cabo Verde Investmentivos, a department of her own government, which incidently has been replaced by a new department called Cabo Trade Invest with a new set of directors, so it looks like all our hard work has been fruitless and we will now have to start all over again. The contact in the Cape Verde Government is now not responding to emails asking for an investors meeting. Maybe a little embarrassed???
Here are the new Cabo Trade Invest Directors who we will now try to contact.
Let's hope these people will be capable of replying to emails that are now being drafted to arrange a meeting or telephone discussion to try and bring this matter to an end and get the money back that us investors are entitled to. Remember, we handed over all of our hard earned cash for an apartment and were supporting an African country to help them out of poverty. They stole our money and delivered nothing to us and the apartments are now being sold on by various agents or being rented out for holidays by Aqua Hotels via many online holiday websites.
Corruption will not make people come to your country. People from all over the world invest in the UK as they know it is one of the most secure places in the world to invest. So, Cape Verde, follow our lead and your country will prosper - rip people off and your country will earn itself a bad reputation where people will no longer want to visit or invest in!