MercoPress. South Atlantic News Agency
Bolivia raids the offices of India’s Jindal alleging “breach of contract”
Bolivian prosecutors with the support from police and military forces on Friday raided the offices of India’s Jindal in La Paz as part of an investigation for an alleged “breach of contract” following the company’s confirmation it was abandoning the huge iron-ore mining project of El Mutún. Read full article
Comments
Disclaimer & comment rulesAnother fcuk-up by the President with the cow pat on his head.
Jul 21st, 2012 - 01:00 pm - Link - Report abuse 0I cannot imagine any other company picking this up after this 'little outburst' by Bolivia.
a raid into the office of potential investors because they changed their mind??? jeeez!!!
Jul 21st, 2012 - 06:40 pm - Link - Report abuse 0This is simply beyond of any imagination...
New ideas for Turkey neck to follow.
Jul 21st, 2012 - 06:51 pm - Link - Report abuse 0#3 - You are so correct. Birds of a feather.....
Jul 21st, 2012 - 08:00 pm - Link - Report abuse 0Another investor leaving the country. Another step backwards.
Jul 21st, 2012 - 08:34 pm - Link - Report abuse 0Look and learn potential investors. Bipolar leftist scumbags screwing their countries chances of ever reaching developed status. A sad tale but a fact in Latin America.
Jul 21st, 2012 - 10:14 pm - Link - Report abuse 0Stay away from these places or risk getting scammed.
honestly... I am at a level, whereas I do not feel any pity for these kind of investors going to Venezuela, Bolivia, etc... I mean, if you are so stupid, you don't even deserve anything else then this.
Jul 21st, 2012 - 11:01 pm - Link - Report abuse 0#6
Jul 22nd, 2012 - 05:56 pm - Link - Report abuse 0You are correct. Why is SA so undeveloped when they started the race on the same playing ground and rules as NA.
Good move. And this time on a firm from another developing country; maybe they thought that would save them from the consequences of non-investment, but they were wrong =)
Jul 23rd, 2012 - 12:25 pm - Link - Report abuse 0Maybe India, being a nuclear power, can claim ignorance as a developing nation and wax the floor in tribal bolivia, the most useless greasy spot on the globe run by a prejudiced socialist that hates people who have worked hard and achieve success.
Jul 23rd, 2012 - 03:45 pm - Link - Report abuse 09 British_Kirchnerist (#)
Jul 23rd, 2012 - 05:48 pm - Link - Report abuse 0BK, Evo broke the contract by not supplying the necessary gas for the project, only 25% of the contract amount.
The point is that Bolivia can't manage to supply all the gas they've sold to Argentina, Brasil, etc.
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