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      "text": "Les Mas du Figuier had a payable to Vitek of €10.1 million. CPI PG paid off the receivable, handing Vitek over €10 million cash.",
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      "text": "Pietroni also had €35.5 million of third-party debt, which CPI PG assumed with the acquisition. It's unclear how much of the debt was Les Mas de Figuier's because it last filed financial statements for 2016. As of 2016 though, it showed €22 million of debt, which did not include any liabilities to Vitek.",
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      "text": "Les Mas du Figuier had a payable to Vitek of €10.1 million. CPI PG paid off the receivable, handing Vitek over €10 million cash.",
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      "text": "It almost seemed like charity when Vitek sold Pietroni to CPI PG in a disclosed related party transaction for reported consideration of just €1. The property owned by Les Mas du Figuier was described as an \"investment property\".",
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      "kind": "paragraph",
      "text": "As shown infra, the house was impaired the following year by €6.5 million.",
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      "text": "The Company acquired loan to Les Mas du Figuier from Radovan Vitek at the nominal value in the amount of KEUR 10,230. — CPI FIM SA 2019 financials, note 3.2",
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      "text": "1 CPI PG 2019 Financial Statements... 2 CPI PG 2019 Financial Statements... 3 CPI FIM SA 2019 financials... 4 Les Mas du Figuier 2016 financial statements...",
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      "text": "How Did Vitek Get Away With Pietroni? By Calling it a €1 Purchase",
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