Tuesday, December 30, 2014

Armenian NGO Demands Criminal Investigation against Global Gold

On December 12, 2014, Ecological Right, an Armenia based environmental NGO, sent a letter to the Minister of Nature Protection of the Republic of Armenia, demanding that a criminal investigation be opened on Mego-Gold, a subsidiary of Global Gold Corp and owner and operator of the Toukhmanuk Gold project.

See Copy of the translated Letter as published on the ARHUS Website of Armenia by clicking here

See Original Armenian Version by clicking here

Ecological-Right lists the following as grounds of criminal investigation and charges against Mego-Gold/Global-Gold.
  • embezzlement of state property through fraud; 
  • tax evasion through false entrepreneurship, hiding overpayments and other gained material benefits, which has caused major damage to the citizens of the Republic of Armenia; 
  • Performing illegal commercial activities without a special permit (license) to carry out entrepreneurial activities subject to licensing; 
  • violation of rules in implementing environmental safety activities; 
  • features of crimes in violation of rules of mineral resources conservation and use. 
The letter is signed by the Chairman of Ecological Right NGO in Armenia, Mr. Arthur Grigorian.

Mr. Grigorian can be reached at: 
tel: +37410621739
 mob: +37491451320
 e-mail: art.grigorian@gmail.com

About this Blog:  Between 2009 and 2012 I was an active investor in the mineral exploration sector in the Republic of Armenia.  Our main project in Armenia was the MARJAN polymetallic gold and silver project located in near Sissian.  My JV partner, Mr. Van Z. Krikorian, President of Global Gold Corp (otcqb: GBGD) and Trustee of the Armenian Assembly of America, used corrupt means including using his influence with the US EMBASSY in YEREVAN to secure an indictment against me for theft of the JV and to corrupt the Armenia judicial system to give him a favourable ruling.

Mr. Van Z. Krikorian is the President, CEO and Legal Counsel of Global Gold Corp. (otcqb:GBGD), a penny stock listed on the OTC  markets. His public filings with the US Securities and Exchange Commission  fail to fully disclose the reality on the ground in Armenia in the promotion and development of GBGD's gold project, the TOUKHMANUK GOLD MINE.

This blog is an effort to bring transparency of the activities of Global God Corp. (otcqb: GBGD) and Mr. Van Z. Krikorian in Armenia.