The news comes with a shocking revelation in January this year that KBC Aldini Capital Limited founder and chairman Kalani Lal filed a legal lawsuit against Mr. Bazov, claiming that Mr. Bazov benefited from his name in a strong push to take over the company he found.

Despite David Bazov's departure from the initiative of Canadian gambling company Amaya, his name still appears to be linked to several scandals. This Friday, local news agency LaFresse reported that Mr. Lal filed a lawsuit against Mr. Bazov, claiming that he led the takeover bid in Mr. Lal's name without permission. The trial will take place in November this year.

Bazov's intention to buy and privatize Amaya has come under intense public criticism. This is an underestimation of Amaya's price per share in the stock market. To boost the takeover bid, Bazov named KBC as a supporter, despite the company's Lal boss denying he was involved in the deal without giving approval. This has led to the current situation in which former chairman and CEO Bazov is brought back to court.

Quebec securities regulator Marques Financiers (AMF) released a full official report on the incident, explaining that KBC's regular customers are mostly Muslims, and their religion strongly opposes any gambling behavior. KBC added that it would not put its customers at risk only to support Mr. Bazov's interests.

David Bazov's previous track record
To explain more clearly, it is worth providing certain details regarding Amaya's takeover bid and Mr Bazov's participation. In 2016, Mr. Bazov officially announced an acquisition offer to acquire Amaya for C$3.6 billion, or C$24 per common stock. The entire deal also included the company's debt acquisition, which was estimated to cost about C$6 billion. In a filing with the U.S. Securities and Exchange Commission, Mr. Bazov announced that he had received support from four companies, including KBC Aldini Capital Ltd., which may not seem entirely true.

What's interesting here is that at the time Mr Bazov was facing another legal hurdle as he was investigated by Quebec securities regulator Autorité des Marchés Financiers in connection with the Isle of Man's acquisition of Rational Group. Assuming that lawyers prove Mr. Bazov's involvement in the aforementioned transaction activities, he could face up to five years in prison in addition to the sentence he would receive if he had illegally profited in Mr. Lal's name. [카지노사이트 순위](https://www.outlookindia.com/outlook-spotlight/2023%EB%85%84-%ED%95%9C%EA%B5%AD%EC%9D%84-%EB%8C%80%ED%91%9C%ED%95%98%EB%8A%94-%EC%B9%B4%EC%A7%80%EB%85%B8-%EC%82%AC%EC%9D%B4%ED%8A%B8-best-10--news-326663)