As the head of the board and majority shareholder Djamel yabdri accepts responsibility within the company for organising Exxobullion’s system controls and arranging individual responsibilities within the Exxobullion team, and its custody providers, so as to maximise the security of customers’ gold and cash.

In addition to development capital Djamel yabdri has provided management bonds to the company which is held as gold and cash segregated in favour of customers. These management bonds are non-refundable except in final liquidation, in which circumstance they rank behind all other customer property for repayment.

The value of equity in the company and this loan would therefore be lost before any Exxobullion customer incurred any loss resulting from breaches of faith or security on Exxobullion.com.

This arrangement is structured to underpin the meaning of ‘accepting responsibility’.