Saturday, May 24, 2008

Venezuela's National Executive is aware of what has happened with regard to Canadian gold miner Crystallex International at Las Cristinas

According to an article in today's edition of Nueva Prensa de Guayana, National Assembly (AN) deputy Adel El Zabayar says that the National Executive is aware of what has happened with regard to Canadian gold miner Crystallex International at Las Cristinas and claims that in the short term it is "appropriate to terminate the contract" on claims that it is "injurious to the interests" of the Bolivarian Republic of Venezuela.

El Zabayar, who is a member of the AN Standing Committee on Energy & Mines ... and in the middle of a PSUV primary for election as candidate to governorship of the State of Bolivar ... says that the Ministry of Basic Industries & Mines (Mibam) was aimed at eradicating the root causes of all problems relating to the mining sector but the complexity of the situation at Mibam has left the minister (Rodolfo Sanz) incapable of dealing with issues in a timely manner.

El Zabayar says he wantgs to see the creation of a specific Ministry of Mines to "generate an adequate and effective mineral policy, which rules the entire mining industry, including exploration, exploitation and concessions, throughout the national territory" ... he insists that a new Ministry of Mines should thoroughly review what he describes as "the erratic performance of transnational mining corporations in our territory."

El Zabayar claims that Crystallex International is "committing a fraud against the nation with the placement of shares on the Vancouver Stock Exchange." He alleges that Crystallex has invested an average of US$5 million in the Vancouver exchange and that this represents "an evasion of funds that do not stay in Venezuela." He says the case is known to the National Executive and it is expected that in the short term it is "appropriate to terminate the contract which is injurious to the interests of the Bolivarian Republic of Venezuela."

El Zabayar argues that the government must work thoroughly with the case of transnational mining companies and cautions that they are introducing "a number of criminal methods in conspiracy with the judiciary."
"In this regard, I repeat, we must create (a separate) Ministry of Mines where the Venezuelan State, exercising their sovereignty, take absolute and exclusive control of mining throughout Venezuela," El Zabayar who is calling on the Supreme Court of Justice (TSJ) to combat these 'judicial mafias' which are perpetuating a 'society of complicity' which we have fought from the trenches of the Bolivarian revolution."
El Zabayar denies that another ministry (Mines) would only lead to an increase in govenrment bureaucracy since he is certain that mining professionals, technicians and specialists who are presently with Mibam and other regional mining institutions would be directly incorporated in a new Mining Ministry to attend to and develop a comprehensive national mining industry policy.

____________________________________

Venezuela is facing the most difficult period of its history with honest reporters crippled by sectarianism on top of rampant corruption within the administration and beyond, aided and abetted by criminal forces in the US and Spanish governments which cannot accept the sovereignty of the Venezuelan people to decide over their own future.

HELP US TO KEEP BRINGING YOU THE TRUTH

Please show your appreciation for this important project by making
a much-needed donation to VHeadline's Fighting Fund


you do NOT need to subscribe to PayPal to make a credit card donation


No comments:

Post a Comment