Bacardi has also suggested that monies raised via ILBE were siphoned into Tatatu projects.
In his response to Deadline on Tuesday, Iervolino reiterated his claim that the accusations against him were false.
I want to make it clear that they represent a completely inaccurate reconstruction of the real facts and circumstances.
Monika Bacardi, Andrea IervolinoGetty Images
A new Board of Directors was also appointed with a term running to at least December 31, 2026.
The meeting also approved the delisting of ILBEs shares from trading on the Euronext Growth Paris market.
