TSXV:HRE.H - Post by User
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opencurtainon Dec 12, 2014 9:09am
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The facts of nationalization
The facts of nationalization Ata Meken faction submits draft law on Kumtor nationalization for consideration of public |
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10/12/14 06:18, Bishkek – 24.kg news agency, by Tatyana KUDRYAVTSEVA |
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Ata Meken faction submitted a draft law on Kumtor nationalization for consideration of public, the web site of the parliament reported. It is noted that the draft law "On the nationalization of property of the closed joint-stock company "Kumtor Gold Company" was initiated by the leader of Ata Meken Omurbek Tekebayev. Initiator notes that in the case of Kumtor nationalization the nominal shares of Centerra will collapse, including the arrested shares of Kyrgyzaltyn. Subjects who won the lawsuit will remain with their own interests. Revenue (according to Centerra) from the sale of gold and silver from 2014 to 2026 will be $9 billion 555 million at a price of $1,350 per ounce. Kyrgyzstan profit will be $2 billion 770 million, gross tax - $1 billion 238 million, the fund development of Issyk-Kul oblast - $96 million. Recall, yesterday the parliamentary committees on Fuel and Energy Complex and Subsurface and human rights, constitutional law and government considered the course of negotiations with the Government of the Kyrgyz Republic with Centerra in closed session. Parliament recognized the work of the Cabinet insufficient. In its turn, the government has asked the parliament of time for further negotiations. Today, the Kyrgyz delegation should fly to Toronto. |