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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: whereabouts of the amount given by Crystallex
Chancellor and Saud demand to clarify whereabouts of the amount given by Crystallex
Tuesday, 08 of February of 2011

Confirmed the news of the exit of Canadian miner Crystallex of the project the Cristinas by instructions of the national Executive, the leaders Carlos Chancellor (ex- mayor) and William Saud protest to the State who determine the responsibilities in “irregular” the concession.

Natalie Garci'a
Photo William Urdaneta

Ever since the contract was signed by the CVG the communities of the south have indicated their discord
The confirmation from Crystallex on the settlement of the administration, exploration and operation of the project the Cristinas, subscribed with the Venezuelan Corporation of Guayana (CVG), gives clear samples to the eyes of the prisoners Carlos Chancellor and William Saúd who the mining town was right when rejecting the transnational presence of the Canadian in the zone.

As much Chancellor as Saud is lengthy in soothes of Patrol crafts of Caroní due to associated judicial processes to the protests against the company, by which they were sentenced to more than 7 years of prison.

Saúd affirms that the recognition that Crystallex must leave the concession confirms how unjust were its sentences and whichever reason had that demanded - like them the exit of a company that from the beginning did not satisfy the hopes with a town, seated in a very rich earth but whose reality transpira misery the 24 hours of the day.

“Evidently this decision of the State gives the reason us but with 6 years of retardation, after to exist a series of upsettings, having risks of which some person died, to live many unnecessary things that had been able to avoid if the government had been more sensible”.

Also it indicated that “always I knew that at some time would have to arrive the hour from this decision and is moment so that the guilty of everything what it has happened are punished”.

A review of the case
The contract between CVG and Crystallex was signed by the then president of the corporation and present governor of the state Bolivar Francisco Rangel Go'mez. Ever since the contract was decided they presented denunciations in which is indicated that company previously by a very small portion of money, calculated in about 15 million dollars was occurring him to transnational a great amount of investment done on the other, whose destiny is not known.

In relation to this, Carlos Chancellor in a press official notice “demands to the governor explanations of the whereabouts of the 15 million dollars paid by Crystallex” while it reiterates that the greater major and of the crimes committed by him and Saúd was to have denounced such situation and others related to the contract of the transnational one.

In this note the condemned clarifies that before the extinct Congress of the Republic and the Public Ministry the tests of the presumed irregularities of the document were briefed that express that the miner “will only cancel the 8 percent of the existing national goods in the concessions, so that this negotiated as well in the stock markets of the world as it has done it until now, obtaining immense gains in dollars by the stock-exchange transactions in Vancouver, Toronto and New York”.

It is by that once again they demand justice for his cases and the recognition of everything what they have made them pass to them and their families, in view of which the decision taken by the State gives account to want to amend the error of to him to have granted the concession, considered one of richest of Latin America to a transnational one that it did not fulfill the promises waited for by the towns of the south.

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