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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Venezuela renews motion to disqualify officer overseeing Citgo parent auction

I have said this many times before. We need cooperation from the Treasury for the sale to proceed. Due to the politics involved in this lawsuit it is a challange for Crystallex and others to get that permission and it hangs over our heads. Sanctions actually protected Vz from losing Citgo. Had to be removed which they have temporarily. Maybe just for this event because the dates are all in sync.

It is Special Master's job to remove obstacles that prevent the sale from happening. Not having the Treasury license is an obstacle. The sanctions were an obstacle. It is his job to prepare for the auction properly which he has done.

This is a fishing expedition making it look like "new" evidence, which it is not.

It is possibly also a move as an excuse to file an appeal later just to further dely the sale. VZ is very good at furthering delays as this case has shown.

The gaul of Movant to add the "Motion to Disqualify" prepared page for Stark to sign as if "fait accompli" included at the bottom of the Renewed Motion to Disqualify is beyond the pale. 

The Special Master is very carefully processing every step properly and with care. 

Motion Denied. Auction will proceed according to dates already set. I hope.

RML trades practically stopped. This filing will affect it greatly either way. 

 

 

 

 

 

 

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