World Bank Orders Venezuela To Pay Crystallex $1.4 Billion For Gold Mine

http://www.corpwatch.org/article.php?id=16069

Publisher:  Corpwatch
Date Written:  06/04/2016
Year Published:  2016  
Resource Type:  Article
Cx Number:  CX19359

The World Bank's International Centre for Settlement of Investment Disputes (ICSID) has ordered the government of Venezuela to pay $1.386 billion to Crystallex, a bankrupt Canadian gold mining company, for canceling a 2002 permit to mine for gold in the Imataca Forest Reserve.