Centerra Gold (TSE:CG) faces criminal probe in Kyrgyz Republic

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Canadian gold mining company didn’t disclose the identities of the individuals or their positions

TORONTO – Centerra Gold Inc. (TSE:CG) says its Kumtor subsidiary is the target of a fresh criminal investigation by the Kyrgyz Republic and that several senior managers have been advised they won’t be allowed to leave the central Asian country.

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The Toronto-based company didn’t disclose the identities of the individuals or their positions.

In a statement released today, Centerra Gold and Kumtor Gold “strongly dispute” that any commercial transactions or any actions by their managers were “in any way improper.”

Read the full article at: ca.finance.yahoo.com

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