Description Of Legal Dispute
Claimant has gold mining assets in the the Republique of Guinea. The properties are within the Sunguiri basin, a Palaeo-Proterozoic sedimentary sequence and part of the Birimian gold belt that hosts many large mines and deposits such as Morila (Rangold), Singuiri (AngloGold Ashanti) and Sabodala (MDL).
The properties form part of the Dinguiraye concession which in turn are part of a special concession known as the Convention du Base. The Convention du Base result from agreements dating back to the late 1900’s where the Guinea Government, IFC and other institutions reached agreement for an injection of funding to the Guinea mines industry in exchange for 1,500km long term mining concessions of which these properties are indicated to be part of one. Very valuable assets. The claimant has been defrauded of assets and the investor wishes to claim back their rights and assets through ICSID World Bank arbitration. The acts of fraud are simple to prove as 3 years of forensic investigation are complete which displays 2 levels of fraud. The initial investment was $500,000 the possible claim excluding costs could be $500,000 ++ up to a possible $50mm arising from the improved value of the properties over time. The Guinea Government should recognise the claimants investment in the properties and in the absence of proof of payment by the fraudsters of their alleged $3.25mm investment into the properties the case of ownership should be simplified and the return of the assets to the rightful owner should be made. In the event of fraud parties committing fraud are also personally liable under such circumstances.
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Estimated 1,250% Returns: RECLAIM OF VALUABLE GOLD ASSETS

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