Business

CFO of Dermot Desmond’s troubled gold firm resigns six months after assuming post

Carl Pombar was appointed chief financial officer in December of this year to replace Cooper Morgenthau, who stood down following a multi-million dollar embezzlement scandal

Dermot Desmond: African Gold has found itself in significant difficulty after fromer CFO stole money from firm to trade on speculative investments. Picture: Mike Egerton

The chief financial officer of African Gold Acquisition Corporation, Dermot Desmond’s blank cheque firm, has resigned.

In a statement to the stock market, the company said that “On June 16, 2023 Carl Pombar resigned as Chief Financial Officer (including as principal financial and accounting officer) of African Gold Acquisition Corporation effective immediately.”

No reason for Pombar’s resignation was given, and the Business Post could not reach him for comment prior to publication.

Pombar was appointed ...