IKN

Every why hath a wherefore

Lydian (LYD) and the Cronimet dirty tricks campaign against Amulsar

At the beginning of the month, this humble corner of cyberspace published on how German mining and metals company Cronimet is paying bribes to both politicians and protest groups in Armenia in order to stop the Lydian Intl (LYD) Amulsar project from moving forward. A slice of the post from that day:

“…it turns out that German mining company Cronimet,
owners of the Zangezur copper/moly mine in Armenia, is behind it all
as they have been bribing the Armenian government at Environment
ministry level as well as paying direct cash to the protesters around
the project site to stop it from happening. Cronimet’s bribery is
ongoing.”

The good news is that word is now getting out about Cronimet’s illegal activities, as seen in this Facebook entry (sorry, gotta link you to FB today). Here’s an extract:
Almost everyone knows that the most active anti-Amulsar mine in
Armenia is Para Media, which spends a lot of money filming Amulsar,
hiring “experts”, conducting “forensics” and all this advertising. Not
everyone, but many know that the founder and manager of Para TV is
Elizabeth Petrosyan, the wife of former Syunik governor Vahe Hakobyan. Many
know that before his appointment as governor, Vahe Hakobyan had worked
for a long time in Zangezur Copper and Molybdenum Combine
(administrative director, first deputy chief executive officer). But
few are aware that Para TV’s work on combating Amulsar is funded by
Zangezur Copper and Molybdenum.  This is not an assumption, but a fact
that both former and present authorities know about. Zangezur finances not only Para TV but also Amulsar activists and their campaigns.

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