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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: was this already posted...rangel the rascal?

was this already posted...rangel the rascal?

posted on Sep 18, 2008 08:55AM
sorry, having trouble posting whole article...but here's the relevent part...it's old news and it's from vheadline but what the heck...
There are other complaints outstanding against the Rangel Gomez for the use of state resources during the election campaign. Bolivar gubernatorial candidate Andrez Velasquez is currently investigating an amount of $15 million paid by Canadian mining company Crystallex International to Rangel Gomez, then president of the Venezuelan Guayana Corporation (CVG) ostensibly for "the use of documentation, data and other assets related to the Las Cristinas gold mine following the revocation of the Minera Las Cristinas (MINCA) rights to the mine in a joint venture with Vancouver-based Placer Dome.

Crystallex vice president of investor relations, A. Richard Marshall has told VHeadline that the amount of $15 million was paid by the Toronto-based company by wire transfer to the credit of the CVG/Rangel Gomez at the Central Bank of Venezuela in September 2002. The allegations, now also under investigation ahead of November 23 local and regional elections by vehemently anti-corruption National Assembly (AN) deputy/congressman Luis Tascon, are that Rangel Gomez also misappropriated the Canadian company's payments to the CVG while he held the presidency of the state-owned industrial conglomerate.

VHeadline Venezuela News
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