Senegambianews has reported that Yahya, in association with a certain
Lebanese businessman, have been mining sand at Sanyang, possibly using Carnegie's
confiscated equipment and intellectual property.
1. If I remmember correctly, Carnegie Minerals had contended that the Gambia
Government was the competent partner in its sand mining operations in
Gambia. This observation goes to further cement the fact that Yahya may have been a
higher-interest partner than the Gambia government. If we put blindfolds on
and assume culpability of Gambia and Gambians, at the very least, it is a
tripartite contract.
2. It is possible that this unscrupulous partner in the Lebanese businessman
was the shadow behind the accusations levelled against Carnegie Minerals of
mining unsolicited minerals or misrepresenting volumes and value.
3. It indicates that in the world of investments, there is still integrity
in relations, honour, intellectual property, and theft-by-receiving. I am proud
of the chinese government for refusing to purchase sand mined from the use
of stolen/disputed property. Taiwan is China, and China is Taiwan.
4. If, as Carnegie wishes to believe, that the issue is under the purview of
an arbitration outfit, and Yahya posted guards at the facility to engage in
surreptitious mining, then it would appear that Yahya is an unfit partner to
industry and national enterprise. This then nullifies the tripartite contract
to be re-negotiated anew. Sans a third partner in Yahya. And Yahya must be
made to pay for stealing and using stolen equipment. Even while arbitration
proceeds.
5. I feel sorry for Carnegie, but as long as their heads are buried in the
sands, they'd better inform their shareholders of the total loss and other
remedy. This is why uncouth governance must not be appreciated anywhere in the
world!!!
Haruna.
**************Vote for your city's best dining and nightlife. City's Best
2008. (http://citysbest.aol.com?ncid=aolacg00050000000102)
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