By: Special Correspondent.
This is in reference to the communication dated 30th April, 2015, from Gulf Goans Hotels Company Ltd., signed by A.W. Coelho as VICE CHAIRMAN, to the shareholders.
First of all it should be known that A. W. Coellho means Alex Wilson Coelho from Curtorim and settled in Canada. He worked in Kuwait for over three decades and is one of the Shareholders of Gulf Goans Hotels Co. Ltd. Currently he is one of the directors but definitely NOT VICE CHAIRMAN of the Board. If he is a real Vice Chairman then he should prove it by evidence the Board resolution electing him as Vice Chairman. Officially with the concerned authority his name is not registered as Vice Chairman and as such he is telling lies and such liars are not fit to be in the Board. Is Sam Alphonso decent enough to investigate this mischief of Coelho? Otherwise he should withdraw his backing for Coelho.
Alex Wilson Coelho is a sexually perverted man. A few years back in Kuwait he arranged a job for a young Goan girl and then demanded sex from her. When her mother came to question him during one of the public meetings she rattled him openly but he was dumb, silently accepting his guilt with shame. In view of this, can this man be trusted in the Board? Even the modesty of the girls employed in this company and especially in Hotel Goan Heritage is in danger. If Sam Alphonso is a man of character then he will dissociate from Coelho. Only sexually perverted men will support men like Coelho.
Alex Wilson Coelho was one of the main person in the association called Kuwait Goan Evacuees Society formed following the invasion of Kuwait. This society took the responsibility on its shoulders to send the Kuwait evacuees back to Kuwait on their previous jobs. For this purpose this Society asked the Kuwait evacuees to fill some forms for a certain amount as fees which when accumulated came to lakhs of rupees. Finally this amount where it went nobody knew but none of the evacuees who filled these forms was sent to Kuwait by this Society. In this way Alex Wilson Coelho and his gang duped the Kuwaiti evacuees with their money. Can anyone trust this Alex Wilson Coelho in the Board as director? Can Sam Alphonso trust such a man in the board? Sam Alphonso is making a big blunder of his shares by trusting this Alex Wilson Coelho whose record as far as money is concerned is very bad.
Up to now he is not disclosing where about the huge fund of now defunct Kuwait Goan Association of which he was the leading member.
In the same communication as indicated above, this A.W. Coelho asked the shareholders to give their mandate to the Chairman Justine Fernandes for another 5 years. But is this A.W. Coelho received the mandate from his Board to go to the shareholders for this extension? I know for sure this subject was not fully debated in the Board and as such he is wrong, he is acting as if the Board is his father’s property. Can Sam Alphonso tell if this is right on Coelho’s part. And what about the Board members? Are they sleeping? They are elected by the Shareholders to protect the interest of their shares and as such they must act in such a way that A. W. Coelho must be stopped from taking action unilaterally. If necessary, Board members must take recourse to legal means otherwise he will dupe the share holders.
It is according to the information, his idea to extend the term of Chairman Justino Fernandes to another 5 years. Why this extension for a man who is not sound physically and mentally also? Nobody can trust this man to do justice to his extension and that too for the increased remunerations totaling to Rs. 75,000.00? Both these Coelho and Justin by acting like dictators will destroy the Hotel. They have questionable characters. Is Sam Alphonso reading this? He will be held responsible for any disaster in the Hotel because of his blind support for these two crooks. Why such a push to Justin’s extension when he has already finished his term? Is he a genius in Hotel administration and management? When he was appointed as Chairman it was done not on merit but to fill the gap after Flav’s retirement. Otherwise, he is an idiot and for such an idiot only the idiots will demand extension.
Meantime, anyone from the Board or Shareholders must lodge a complaint with the ROC against the illegalities going on in the Board of GGHC Ltd. If you allow A.W. Coelho a little elasticity to do what he wants, he may even sell the Hotel without anybody’s notice and disappear from Goa. Such a cunning man is he. Shareholders must rise now in unison and control the moves of Coelho thru legal procedure. And the Shareholders spread around the globe must stop giving their proxies to Justin’s extension if they want betterment of their Hotel.