Not sure about that since I wasn't in the room when checks exchanged hands, but as I've said, I have copies of loan documents, which were copied to the corporate attorney. If he felt that there were problems, I would think that he would have said something then.
Also, if the loans were in fact illegal, why was an offer to buy those loans presented to this particular person?
Are you saying that Dr. Pandey accepted checks in his name, kept the money and then had loan papers drawn up so that the company would pay them? If a check was made out to Dr. Pandey and he deposited the money into the Xechem account, would that be a problem? I'm not saying that happened as I personally have no knowledge of any of this, but I'm just asking...
You're right, lawyers can figure it out, but if a person has a canceled check, loan documents approved by the corporate attorney and the CEO of the company, with full knowledge of the board of directors, is it necessary to go through attorneys to deal with this?
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