‘Ridiculous Assertations’, Canadian Investor Blasts Ex-Minister Shannon

By benim
In Liberia
Jun 22nd, 2014
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Mr. Len Lindstrom, a Canadian Investor and writer of a book entitled “Corruption 101 Liberia Style,” has described as “nonsense and

ridiculous” the  allegation that he stole over US$13 million from Liberty Group of Companies, a licensed Canadian mining company, to buy himself an office building in his home country.

Lindstrom is also the executive director of Liberty in Liberia.

On February 23, 2014 Dr. Eugene Shannon, at a press conference in Monrovia, accused Lindstrom of having stolen US$7.9 million dollars, and another $4 million from Liberty’s Canadian Investors to buy an office building in Canada.

Dr. Shannon also claimed that Lindstrom stole millions more to build himself a mansion and bought himself a yacht (ship).

However, addressing a press conference recently in Monrovia, Lindstrom denied the allegation, stating he had never stolen even US$10 from Liberty Investors in Canada.

“I have never multiplied millions of dollars, and these rubbish accusations were nothing more than a spiteful and malicious attempt to cover their own sins and wrongdoings,” Lindstrom stated.

The truth of the matter, he declared, “is that I owned the office building for the last 30 years and the boat, which was nowhere near a yacht for several years before Liberty was even formed.”

“I have lost everything due to the ongoing corruption in Liberia, but such is the nonsense of government executives, who have been clearly caught in their own web of repeated lies and extortive practices,” the Liberty boss further alleged. 

“These ridiculous assertions were complete and utter nonsense conjured up in their own devious little minds without the slightest shred of evidence of their unbelievable claims,” he noted.

“Dr. Shannon and his cohorts, who had been openly exposed and seriously implicated over their illegal actions undertaken  while in office, as is clearly documented in the corruption book,” Lindstrom added, “colluded together to concoct a malicious  attack against me.”

Furthermore, the Liberty boss went on, “in an unbelievable display of arrogance and obvious belief that due to his political connections, he is above the law, Shannon believes that he will continue to enjoy impunity regardless of what he does or says.

Lindstrom quoted Dr. Shannon and his cronies as allegedly boldly declaring that Len Lindstrom was a pathological liar, a criminal, a crook, a thief, an embezzler, a fugitive hiding from justice, that I could not return to Canada, because I would be arrested as soon as I arrived, and that I was a false prophet, a wolf in sheep’s clothing, and (I love this one the best) a snake in the green grass!

“These are very bold statements, which were not stated as their opinion, but rather as emphatic assertions without evidence, document or proof.

“And then,” Lindstrom went on, “Dr. Shannon had the unmitigated audacity to state he that he was going to sue me for slander for what I wrote in my book about the illegal activities of these same crooked officials,” Lindstrom disclosed.

“The illegal activities were highly documented by clear and indisputable records with their signatures,  which in my opinion, indicates just how foolish intelligent people can become, when they are blinded by greed and determined to hide their sins behind yet more lies and denials,” he added.

According to Lindstrom, Dr. Shannon’s intention is to create any means possible to entrap and fabricate criminal charges against him (Lindstrom), and to have him jailed or deported as an undesirable character.

A Vancouver Sun reporter, however, describes Lindstrom as a “faith healer who has turned his hand to mining promotion.”

An excerpt from Douglas Todd’s blog reads:

“For years, the 58-year-old Christian evangelist travelled around Western Canada and faraway places like India, Pakistan, Rwanda and Tanzania, purporting to be a conduit for God’s healing powers.

By 2006, he was mixing faith healing with stock promotion. Through his miracle crusades in Liberia, he became acquainted with local authorities and acquired some mineral concessions in that country.

He sold the Liberian concessions to his private B.C. company, Liberty International Mineral Corp., and also staked vast tracts of land in B.C.

To finance exploration, he sold shares to private investors. By November 2007, the company had raised more than $16 million.

When I spoke to Lindstrom last summer, he told me he is no longer involved in faith healing and “hasn’t been to church in years.”

Among the “concerns” the author lists about Lindstrom’s new found business opportunities, was that, “Lindstrom is not qualified to run an exploration company. His geological training consists of a handful of courses ranging from one to 10 days in length.”

The full story can be found at http://www.canada.com/story.html?id=aaa074a7-d40f-404a-af1d-46b9a9706be5

In January of this year, the Supreme Court of Liberia, in a case judged by Cllr. Philip A. Z. Banks, upheld the ruling of a lower court against the Ministry of Lands and Mines’ revocation of Lindstrom’s mining license. 

Lindstrom is the owner of the Liberty Group of Companies, which comprises of six other mining companies including; Liberty Gold and Diamond Mining Company, T. Rex Resources Inc, G -10 Exploration Inc, Golden Ventures Inc. Magma Mineral Resources and Craton Development.

The MLME had argued that following reconciliation of vouchers issued and payment made, Mr. Lindstrom’s companies were actually indebted to government in the amount of US$280,000.

They further contended that Lindstrom only paid for Liberty Gold and Diamond Mining Company and G-10 Exploration, but failed to pay for the other three companies (T. Rex Resources Inc, Golden Ventures Inc. Magma Mineral Resources).

Besides, the MLME argued that even the two institutions named that Lindstrom paid for, failed and refused to submit work plans as required for those institutions.

It was based on these irregularities, the Ministry alleged, that it took the decision to terminate Mr. Lindstorm’s mining exploration agreement and his companies’ licenses.

However, in his judgment, Justice Banks stated that “nowhere in any of the letters of termination did the Acting Minister of Lands, Mines and Energy inform the licensees, Mr. Lindstrom’s companies, that they had the right to contest the termination of the mineral exploration agreement or the license held by them within thirty (30) days of the date of the letter of termination.”

As such, “net effect of this omission is that none of the companies were notified that they had the right to contest the termination.

Banks therefore ruled that the “act of the Ministry of Lands, Mines and Energy is hereby declared illegal, irregular, improper, unlawful and  the termination of Mr. Lindstrom’s licenses are hereby ordered reinstated.”

(Full story at http://www.liberianobserver.com/legal/canadian-investor%E2%80%99s-mining…)

It is most likely from this court case that the latest war of words between former MLME Minister Shannon and the Canadian Investor originated.


This post was originally published on this site

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