The bill on the nationalization of "Kumtor" bore the public A bill to nationalize the property of the closed joint-stock company "Kumtor Gold Company" submitted for public discussion. This information appeared on the website of the Jogorku Kenesh on the eve, December 9. As a description of the issue on the official website issued a help text-justify the draft law developed by the leader of the parliamentary faction "Ata Meken" Omurbek Tekebayev.
Kumtor. Never-ending story 5
Begins with a description of what gold deposit is a national wealth of Kyrgyzstan, "was in full control of a foreign company" due to "the conclusion of the corruption of the general agreement between the Government of the Kyrgyz Republic," Kyrgyzaltyn "and the company" Cameco Corporation ".
That the "Kumtor Operating Company" (COC) is currently working in Kyrgyzstan, the author explains the idea of nationalization "lack of political will, the presence of corrupt communications executive who, succumbing to blackmail (liabilities) CCO provides the appropriate permissions."
"Currently, Centerra Gold Inc. believes that" Kumtor "100% owned by them, and Kyrgyzstan is the only owner of 33% shares of the company. Of course, the owners of the national wealth of Kyrgyzstan Canadians have become not just. It is no accident powerful Canadian lobby has an impact on President Askar Akayev and Kurmanbek Bakiyev, who strongly supported and encouraged all their proposals, "- is set out in the Help-justification, which also noted that the activities of Canadian developers mine caused the nature of Kyrgyzstan" irreparable environmental damage. "
However, Tekebayev said, Kyrgyzstan soon and lose interest in Centerra Gold Inc. The reason for this will be the courts at the international level, in which the number of foreign companies require that the ROC government has compensated for the damage they have suffered due to these securities. Thus, the predicted initiator of the bill on the nationalization soon "Kyrgyzstan completely lose" Kumtor "and will be powerless to do anything in respect of its assets, which would be under arrest."
August 17, 2012 to secure the claim of the Turkish company Sistem Muhendishlik Insaat Sanayi ve Ticaret AS for property dispute around the hotel "Ak-Keme" the arrest of the shares of "Kyrgyzaltyn" Centerra in the amount of $ 11 million;
October 14, 2014 at the request of the Canadian mining company Stans Energy Corp. on economic disputes around the field of rare earth metals Kutessay II seized for $ 233.1 million. It's 60% stake in Centerra;
International Court of Arbitration in Paris ordered to pay the former owner of Kyrgyzstan CJSC "Manas Bank" Valery Belokonju $ 16.5 million for the expropriation of the bank. Belokon waiting for a response from the Kyrgyz government before initiating seizure of assets.
After completing all trials shares of "Kyrgyzaltyn" in Centerra, as predict will be arrested with all the ensuing consequences. Kyrgyzstan completely lose "Kumtor" and will be powerless to do anything against their assets under custody.
"All attempts to achieve mutual consensus with the applicable today Canadian partners of Kyrgyzstan in the face of Centerra Gold Inc. does not bring to date the desired result. Thus, the question" Kumtor "crossed the Rubicon when to protect state interests in Kyrgyzstan have no other options to address problems than nationalization ", - explained in the help-justification.
Note Tekebayev himself was unavailable for comment. However, as explained "WB" at the number listed as a contact for expressing opinions on the draft law on nationalization, comments and suggestions from interested citizens will be made within the next month in order to "quality" finalized the text of the document. After the New Year is scheduled to process all the proposals and submit an amended draft law tabled in parliament.
Note to self bill, certificate-justification and its annexes, which includes additional grounds and motivation nationalization can be found by downloading the attached documents. Their opinion on this legislative initiative can be made by phone: (0312) 63-89-27 or send e-mail to: 23ren29@mail.ru.