Kumtor Gold Company Comments on Departure of Its Two Vice Presidents from Kyrgyz Republic

Kumtor Gold Company Comments on Departure of Its Two Vice Presidents from Kyrgyz Republic

published: 03 May 2016

In view of the report issued by the General Prosecutor’s Office of the Kyrgyz Republic on April 30, 2016, according to which Kumtor Gold Company Top Managers, and namely Mark Burton, Vice President, Finance, and Leslie Louw, Vice President, Procurement and Logistics, left the Kyrgyz Republic on April 26, 2016, Kumtor Gold Company deems it necessary to provide the following commentary.

Mark Burton, Vice President, Finance, and Leslie Louw, Vice President, Procurement and Logistics, have left Kyrgyzstan to take their long-planned vacations.

The vacation of Mr. Mark Burton, set for the period between April 29 and May 16, 2016, had been approved back on January 25, 2016. The scan of the electronic ticket that we attach here carries the date of issue suggesting that Mr. Mark Burton’s ticket had been booked on February 29, 2016, with the date of departure from Bishkek being April 29, 2016, and the date of return to Bishkek, May 10, 2016.

The vacation of Mr. Leslie Louw, set for the period between April 29 and May 17, 2016, had been approved back on March 18, 2016. The scan of the electronic ticket that we attach here carries the date of issue suggesting that Mr. Leslie Louw’s ticket had been booked on April 4, 2016, with the date of departure from Bishkek being April 29, 2016, and the date of return to Bishkek, May 18, 2016.

Kumtor Gold Company points out the fact that the Company is working according to its normal routine while President Daniel Desjardins remains in Kyrgyzstan. Moreover, none of Kumtor Gold Company’s top executives experiences any troubles traveling away from or to Kyrgyzstan, with none of them having ever given recognizance not to leave, and any other information is incorrect.