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V.Ayvazyan Considers The Attacks On Him And Nature Protection Minist

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  • V.Ayvazyan Considers The Attacks On Him And Nature Protection Minist

    V.AYVAZYAN CONSIDERS THE ATTACKS ON HIM AND NATURE PROTECTION MINISTRY TO BE CONDITIONED BY PRE-ELECTORAL SITUATION

    Arminfo
    2007-04-17 23:00:00

    The Armenian Minister of Nature Protection intends to wait out the
    forthcoming election and abstain from any comments on the lawsuit with
    the Global Gold Corporation (GGC). To remind, in early April, 2007,
    this American company engaged in gold mining in Armenia appealed to
    the World Bank's International Center for the Settlement of Investment
    Disputes, accusing the Armenian Government of hindering its investment
    activity.

    Answering ArmInfo correspondent's question, the minister noted
    that he is not going "to deny the rumors about him spread by the
    local mass media". He added that he will respond to these rumors and
    accusations in the international court. "Some politicized mass media
    and the politicians they are controlled by are guided by the logic
    of the pre-electoral excitement and really come out with statements
    concerning the sphere of use of mineral resources. However, the
    matter of these statements doesn't comply with reality, and their
    authors intend to provide themselves with the necessary electorate,"
    the minister noted. He added that he is getting ready to uphold
    the right to the legitimacy of decisions of state importance in the
    International Center for the Settlement of Investment Dispute.

    To remind, the Nature Protection Ministry charges GGC with failing to
    make investments and to meet the schedule at the Marjan deposit, while
    GGC charges the Ministry with refusing to accept its investments and
    creating obstacles for its investment activities. Aivazyan threatens
    that it will deprive the company of its license, while the company
    say that one high-ranking official has asked a $3mln bribe for the
    license. According to some mass media, it was Aivazyan. Recently
    mass media reported that the Ministry wants to give GGC's license to
    another company.

    During the suit GGC's lawyer Fleuriet Ken Spalding said that they
    are going to prove in the arbitration court that the Ministry
    began persecuting them after they had refused to pay Aivazyan a
    bribe. Aivazyan refutes the charge pointblank.
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