QNET, a leading international direct selling company supports the decision of the Attorney General to dissolve companies that are impersonating QNET International, conducting fraudulent business activities and misrepresenting the company in Ghana.
There is a recent media publication on the Attorney General’s efforts at
dissolving fraudulent companies, unfortunately, the facts of the matter were
not accurately presented by the media organisation that reported the court case.
The first significant error in the media report is misconstruing QNET for Quest
Net or Q-NET Investment Limited.
The name Quest Net does not refer to nor is meant to refer to QNET. They are
effective entities which are entirely separate and distinct, and with no
relationship or incorporation internationally.
The company mentioned in the order given by the Accra High Court references an
unauthorized entity set up by individuals who are not in any way connected with
QNET Ltd, which is an international direct-selling company headquartered in
Hong Kong.
It is clearly evident from the Judgment dated 20 July 2022 that the title of
the case is “IN THE MATTER OF THE CORPORATE INSOLVENCY AND RESTRUCTURING ACT,
2020 (ACT 1015) AND IN THE MATTER OF A PETITION FOR THE OFFICIAL WINDING UP OF
Q-NET INVESTMENT LIMITED (A COMPANY LIMITED BY LIABILITY) AND IN THE MATTER
BETWEEN THE ATTORNEY GENERAL AND Q-NET INVESTMENT LIMITED.” It is thereby
clear, QNET was never a party to the court action.
QNET operates its business everywhere, including Ghana, via Independent
Representatives (IRs) who are properly trained and accredited individuals, and
who undertake the business in compliance with best business ethics and practice.
Certain individuals acted in bad faith by registering a company called Quest
Net/QNET Investment Limited in Ghana for their unlawful activities. QNET
Limited had, via its lawyers in Ghana, written to the relevant authorities and
placed Quest Net on notice that there is no relationship, connection or nexus
of any nature with this Ghana-registered local entity and QNET Limited.
QNET, on a continuing basis, has been in touch with the relevant authorities to
clarify its stand. QNET accordingly condemn the actions of these unscrupulous
individuals and their bad practices which we wholly dissociate ourselves and
our business dealings.
Whenever QNET’s attention is brought to unethical or illegal actions of IRs,
QNET takes punitive actions against them. This includes termination or
suspension of the IR. Additionally and as required, QNET lodges complaints with
the Police against IRs who commit crimes against innocent individuals.
QNET is always available to offer clarification and assistance to all
authorities and the media regarding any issue about its business. QNET has also
embarked on a sensitization programme called the “MAMA Campaign”, to educate
the general public about QNET, its business model and the need to be wary of
fraudsters or impersonators.
QNET is a law-abiding and socially-responsible company. QNET, through its
social impact arm, RYTHM Foundation, has partnered with many charity projects
across the world to empower less-privileged and physically-impaired people. In
Ghana, QNET is actively supporting the Anopa Project, providing deaf and blind
children with access to education and sporting skills.
Source:
Peacefmonline.com/Ghana