30 March 2021

Statement by Mikhail Levkovich, director of Agrofinance LLC

With Mikhail's permission, we quote him here:

“They (Laserta) have not fulfilled their obligations, not even partially. We won in court and started enforcement proceedings to recover the money, but so far without result. We wrote an appeal to the Ministry of Finance, although we understand it is unlikely to help. There have been no explanations or payment dates from Laserta either. As for the Ministry of Finance, I am not sure it acted only because of the problems with us; other creditors have also gone to court. I think it is the combination. Plus, for example, according to kartoteka.by Laserta has tax arrears.”

Translated from Russian. First published in the “Belarusian Issuers” Telegram channel. Charts and screenshots are in Russian. This is not investment advice.