UPA (Utanian Press Agency)
Release: June 27th, 301 AP.
Accused rally against Savant Motors settlement
Former partners and their descendants of Atosu Savante are demanding the
government cease settlement negotiations with Savante over the Û2 billion in
shares as they want their "day in court" to prove their innocence.
Federal Cabinet, on behalf of the Utanian Government, 45% owner of Savant
Motors Corporation, has agreed to negotiate with a man claiming his family was
"cheated out of" their 25% stake in the former Savant Engineering. Mr Atosu
Savante has laid claim to 212 million shares in the Û16 billion corporation, as
he claims he was "coerced and forced" to sell.
His former partners, and their descendants, to whom Mr Savante was forced to
sell, claim he is "grossly misrepresenting the truth" and are demanding their
opportunity to clear their names in court. They have warned the government that
if it settles the matter with Mr Savante out of court, and the case is dropped,
they will be forced to pursue a defamation case against Mr Savante. Should they
win, the government will be shown to have been deceived and "won't be worth a
"All we are asking the government to do is stop this negotiation process and
let Mr Savante prove he is the worthy recipient of the funds to which he lays
claim" said lawyers for the descendants of David Grier, a former partner of
Mr Savante, who died nine years ago. "If he can prove this, he is the rightful
claimant to the 212 million shares. If not, then the government will not have
lost anything by the delay, and the truth will be known to all parties, and to
the people of Utania."
Gordan Saltury, owner of almost 150 million shares in Savant Motors
Corporation, and a former partner of Mr Savante, says the deal was "very
straight forward" and "has no grounds for reexamination".
"Mr Savante is wasting the government's time, and the time of the Courts. He
should let the matter end there", Mr Saltury told reporters. When asked whether
court proceedings should continue over an out-of-court settlment, Mr Saltury
seemed less concerned.
"I don't think Mr Savante has claim either way. He should leave the matter well
alone and go home to his family."
The case is receiving significant press coverage, being only the second major
case involving the pre-Utanian history of the country. The government is
seeking to be seen as committed to "post-colonial justice", redressing the
massive imbalances after three hundred years of Guwimithian rule, as, indeed,
it is the platform upon which they are based and were elected.
However, a second party is completely opposed to any sort of out-of-court
settlement: the federal parliamentary opposition. They claim the case should be
sent to trial, and that Mr Savante should not be afforded a "single red cent
"Will the government sweep this matter under the carpet so as to win a few
extra votes? Will they pursue Mr Savante with wads of cash so that they can be
seen to be doing their right thing?" asked opposition leader Thomas Kemp. "The
government had an obligation to allow the courts to decide the validity of
Mr Savante's claim, that they could and should not bypass the legal system of
their country and establish themselves as judges and arbiters!"
So far, the government has made no comment.
©UPA, 301 AP.
©Mike Ham, 2001. All rights reserved. No reproduction without, at least, tacit approval. ;-)