{"id":298650,"date":"2020-02-24T11:21:47","date_gmt":"2020-02-24T07:21:47","guid":{"rendered":"https:\/\/epress.am\/?p=298650"},"modified":"2020-02-24T11:22:07","modified_gmt":"2020-02-24T07:22:07","slug":"false-information-in-the-affidavit-of-lydian-internationals-chief-executive-to-the-canadian-court-about-mining-in-amulsar-part-1-aef","status":"publish","type":"post","link":"https:\/\/epress.am\/en\/2020\/02\/24\/false-information-in-the-affidavit-of-lydian-internationals-chief-executive-to-the-canadian-court-about-mining-in-amulsar-part-1-aef.html","title":{"rendered":"False Information in the Affidavit of Lydian International\u2019s Chief Executive to the Canadian court about mining in Amulsar: part 1 – AEF"},"content":{"rendered":"

In January 2020, a number of documents and information about Lydian International became accessible to the public. The reason why this was possible is that in December 2019 Lydian applied for and was granted protection under the Companies\u2019 Creditors Arrangement Act (CCAA) which provided that no proceedings may be commenced or continued against or in respect of Lydian International and its subsidiaries (now extended till March 2, 2020). This basically means that during this period, Lydian\u2019s creditors are not able to take the assets of the company in return to its unpaid loans.<\/span><\/p>\n

The court protection period also give Lydian time for selling the Amulsar gold project or for raising money to sue Armenia in the corporate arbitration tribunals. <\/span>Alvarez & Marsal Canada Inc.<\/span><\/a> was appointed monitor of the Lydian in the CCAA proceedings, and so a large number of documents became available on their website, including the Motion Report and affidavit of Lydian\u2019s chief executive.<\/span><\/p>\n

Armenian Environmental Front read those <\/span>documents<\/span><\/a> and found out that particularly the affidavit is full of false factual information and distorted or manipulative presentation of facts, which we would like to present to the public part by part. This first part concerns the Police and the Government of Armenia.<\/span><\/p>\n

Edward Sellers, the Interim President and Chief Executive Officer of Lydian International Limited writes in his affidavit to the Ontario Superior Court of Justice:<\/span><\/p>\n

\u201cPolice forces in Armenia have not acted on orders made by Armenian courts requiring the removal of blockaders and the commencement of criminal proceedings against them, and the GOA [Government of Armenia] has failed to cause the police to enforce court orders, further extending the illegal blockades.\u201d<\/i><\/b> (Affidavit of Edward Sellers, sworn December 22, 2019, para. 9.b; similar statements available in para. 44, 74-78)<\/span><\/i><\/p>\n

We were, certainly, following the court proceedings against the Police of Armenia and the results of the court orders, but in order to confirm the information we had, we filed an official request for information to the Police or Armenia asking them to clarify the situation. <\/span>Their response<\/span><\/a>, basically, confirmed what we already knew:<\/span><\/p>\n