Rusoro Responds to Inaccurate Vancouver Sun Allegations
16 Mars 2009 - 4:24AM
Marketwired
Rusoro Mining Ltd. (the "Company") (TSX VENTURE: RML) is issuing
this news release in response to an article by David Baines
published in the March 14, 2009 edition of the Vancouver Sun. The
article falsely implied that authorities in Thailand had charged
Mr. Andre Agapov, the Chief Executive Officer and a director of the
Company, with participation in a fraud on the Bangkok Bank of
Commerce (the "BBC") in the mid 1990s.
In fact, no criminal charges have ever been filed against Mr.
Agapov, either in Thailand or elsewhere. Far from filing any
charges against Mr. Agapov, the Thai authorities have sought and
obtained his cooperation and assistance. In the early 1990s, Mr.
Agapov had a junior position in the Russian banking and commercial
organization called "OLBI". In Bangkok he served as a
Russian/English translator for a principal of OLBI. As a result,
the Thai authorities interviewed him as a friendly witness and
assured him that he was not under investigation.
The Thai government made a formal request for assistance to the
U.S. Justice Department in March 2002, as referred to in Mr.
Baines' article, but this request for assistance clearly reflects
an ongoing investigation and not the filing of charges. The request
was geared entirely toward gathering information and the U.S. court
records pertaining to it show that it was closed out on May 20,
2002 without any charges being filed. Moreover, Mr. Agapov has
travelled to Thailand since 2002 on more than one occasion without
difficulty. As noted, there have been no past or present charges of
any kind against Mr. Agapov concerning the BBC or any other
matter.
ON BEHALF OF THE BOARD OF RUSORO MINING LTD.
George Salamis, President
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the contents of this
press release, which has been prepared by management.
Contacts: Rusoro Mining Ltd. George Salamis President (604)
632-4044 or Toll Free: 1-800-668-0091 (604) 682-1514 (FAX) Email:
info@rusoro.com Website: www.rusoro.com
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