Amigo tumbles again as board fights founder

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By Tom Brown
24 Aug 2020

James Benamor called a second shareholder vote in four months on Thursday to replace the board of Amigo Holdings, the troubled UK guarantor loan company he founded in 2005, after the board rejected his proposals — including reappointing him as CEO.

The shareholder vote follows a list of proposals the founder submitted to the board, demanding the replacement of key members.

“We hoped to obtain commitments and assurances which would have negated the need for a shareholder vote,” said Benamor on Thursday evening. “Unfortunately, we have not been ...

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