as manager and administrator he is fully responsible for the status of the bussines. The qatari partner have no reason to ask for penalties from his belgium partner. The belgian company, legaly, can send the manager to court for miss-administration. So in the end this guy is responsible for everything has been done, even if he was not here at that time. He took not only the position and salary but also the status quo of the company. If he was carefull he should have in his contract a clause to absolve him from any previous fraud or missmanagement. But he was blinded by the unexpected raise of his life level, he considered everyone a stupid moron and the things gone bad. Now he has to pay for this. Consider that the qatari partner has involve in bussines, maybe not money but at least relationship, guarrantees and image. And probably because of the failure he will not be able to start another similar bussines. The belgium company, as many other, more than possible, have invested only a small amount of money, waiting for a boom. It does not work so they consider an acceptable loss and they gone back home. Again, this guy should be aware and to avoid problems he should go in a long holiday before the explosion. And, sorry to say that, but I am not crying after such kind of individuals. They are creating the bad side of the existing world....
as manager and administrator he is fully responsible for the status of the bussines. The qatari partner have no reason to ask for penalties from his belgium partner. The belgian company, legaly, can send the manager to court for miss-administration. So in the end this guy is responsible for everything has been done, even if he was not here at that time. He took not only the position and salary but also the status quo of the company. If he was carefull he should have in his contract a clause to absolve him from any previous fraud or missmanagement. But he was blinded by the unexpected raise of his life level, he considered everyone a stupid moron and the things gone bad. Now he has to pay for this. Consider that the qatari partner has involve in bussines, maybe not money but at least relationship, guarrantees and image. And probably because of the failure he will not be able to start another similar bussines. The belgium company, as many other, more than possible, have invested only a small amount of money, waiting for a boom. It does not work so they consider an acceptable loss and they gone back home. Again, this guy should be aware and to avoid problems he should go in a long holiday before the explosion. And, sorry to say that, but I am not crying after such kind of individuals. They are creating the bad side of the existing world....