RE: sblm22 Jun 2016 23:50
In its report Global Witness claimed that the amendment was intended to allow the company to win the concession without a tender. In the end however, Sable Mining was not awarded the property, known as Wologizi.
A spokeswoman for Sable said the company would not comment on the accusations made in the indictment, which cover a period including 2010 and 2011.
Previously Sable said the Global Witness report appeared to be based on "unreliable" testimony from three former business partners.
The indictment named as defendants Sable Mining, parliament speaker Alex Tyler, Varney Sherman, a senator and chairman of President Johnson Sirleaf's Unity Party, and Deputy Minister of Lands, Mines and Energy Ernest C.B. Jones, as well as Christopher Onanuga, a Liberian businessman.
All four men were arrested in Liberia's capital Monrovia on Wednesday and were later released on bail.
Tyler has rejected the Global Witness report, which, like the indictment, alleged that bribery had been used to facilitate Sable's attempted acquisition of the concession.
from reuters
http://allafrica.com/stories/201605301219.html
all sounds to be other the Wologizi deposit.
and doesn't look to effect the MoU on Zimbabwean Coal Power Station Development but we have no confirmation that this as moved on at all
as we all await an update on any company progress
Re-evaluated timeline for feasibility studies to take into account Liberian infrastructure development, as per Infrastructure Development Agreement announced on 26 January 2015 - a study progress report and updated Reserve statement is scheduled for Q3 2015 and full Bankable Feasibility Study to be published by Q1 2016
RNS 4/2/2015