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PT LEBONG TANDAI, PT TANJUNG SERA PUNG,
PT PUKUAFU INDAH & GIDEON MINERALS, U.S.A.
PRESS RELEASE
For Immediate Release
For more information,
Primary Contact Robert Miller: 313-585-9141
Legal Contact Steve Reifman: 248-932-4000
www.thetruthisout.us Congressional Hearings on Newmont Mining Securities Fraud. Newmont Mining and its officers have failed to respond as required by the federal court rules and is in default. Over a period of 10 years, Newmont Mining has failed to respond to a series of official inquires. The noose is tightening on Newmont and time is running out for them to continue their fraud. Investors have sued them and their criminal practices are being exposed around the world. Now a leading member of Congress has given them thirty days to produce evidence they own the mines they claim in Securities Filings. Since the documents don’t exist, they can’t produce them, Congress will be demanding answers about the securities fraud they committed in a Congressional Hearing. They have until October 1st 2007 to produce the missing and non-existent documents.
Newmont Mining in default in Federal Court for Securities Fraud.
PT Lebong Tandai, PT Tanjung Sera Pung, PT Pukuafu Indah, and Gideon Minerals, U.S.A, Inc. have been the victims of securities fraud perpetuated by Newmont Mining Company. In documents filed in the United States Circuit Court of Appeals for the 10th Circuit, PT Lebong Tandai, et. al. requested the court act regarding Newmont Mining’s refusal to answer as required by the SEC pursuant to Section 10B and 10B5 of the Securities and Exchange Act of 1934, which is required of all public corporations. Newmont is clearly in default of court rules and they believe they are above the law by their deeds and their statements. These misdeeds and more are available for public scrutiny at a website dedicated to exposing the securities fraud of Newmont Mining.
Newmont Mining Buys off Foreign Judges in their fraudulent schemes.
The website thetruthisout.us contains documents filed in federal court that allege that Newmont Mining is engaged in behavior that violates the Corrupt Foreign Practices Act. See the Maugein case under the heading “Newmont Buys Off Foreign Judges” as evidence of their criminal behavior. Payoffs to judges, hiring the nations intelligence heads and even murder are alleged in these federal court papers.
What is at stake is that Newmont Mining has used the assets of PT Lebong Tandai, PT Tanjung Sera Pung, PT Pukuafu Indah and Gideon Minerals on its balance sheet for ten years, materially misrepresenting its assets to the investment community. This brings greater (but illegal) value to Newmont Mining as it ties up the assets of PT Lebong Tandai, PT Tanjung Sera Pung, PT Pukuafu Indah and Gideon Minerals illegally. Newmont Mining has a statutory obligation to accurately report its assets. It has been sued and forced by the courts to disclose its holdings regarding PT Lebong Tandai, PT Tanjung Sera Pung, PT Pukuafu Indah and Gideon Mineral assets. Newmont refuses to comply with U.S. law.
http://www.thetruthisout.us exposes Newmont’s fraud with official documents.
When a company will attempt to buy off the legal system and resorts to murder, it is the obligation of every American to demand our politicians and regulators hold them accountable. The scam by Newmont is now public, and this case will shine light on what is going on and we will soon have another international banking scandal in the news. Let’s hope that this time the lawmakers, federal securities regulators and judges get it right and protect the integrity of the shares being offered to the public. PT Lebong Tandai, PT Tanjung Sera Pung, PT Pukuafu Indah and Gideon are doing their part to bring about reform. It’s now up to the press to put this story on the national agenda so we can clean house once and for all to give the people a financial system they can trust.
For more information,
Primary Contact Robert Miller: 313-585-9141
Legal Contact Steve Reifman: 248-932-4000
www.thetruthisout.us
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