RCMP continues probe of Canadian oil company ReconAfrica

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Despite a statement from B.C.’s securities regulator saying that it isn’t actively investigating Reconnaissance Energy Africa, a team of RCMP investigators has continued its probe of the company

A team of RCMP investigators has continued to pursue its probe of a Canadian oil company in Namibia, despite a statement from British Columbia’s securities regulator saying that the regulator isn’t actively investigating the company, The Globe and Mail has learned.

A heavily redacted e-mail, written by an investigator at the BC Securities Commission and released to a U.S. hedge fund under freedom-of-information legislation, appears to show that the investigator was reviewing issues at ReconAfrica in early May. Since those RCMP interviews in May, the police investigators have continued working on the issue, The Globe has learned.

One of the investigators, Corporal Karla Kincade from the Sensitive and International Investigations section in the RCMP’s National Division, cited possible securities violations as one of the issues in the investigation, according to an e-mail. by a Canadian company and/or employees or representatives of that company, and possibly also securities fraud,” Cpl. Kincade wrote in a May 2 e-mail to Mr. Parker.

Environmentalists, however, cite an e-mail that a BCSC compliance official sent last November to the Ottawa-based human-rights and environmental group, Above Ground, saying that he planned to ask ReconAfrica to respond to the points made in complaints to the commission last year by Above Ground and others.

 

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_sem_yyc you see this?

More lies by Geoffrey York to garner attention around an oil conference in South Africa where he is stationed. I cancelled my subscription to the Globe and Mail and I'm ashamed by this hack writing that's being touted as journalism.

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