Times of Suriname

MPs demand full disclosure from Alcoa/Suralco

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Opposition MP Asieskoema­r Gajadien (VHP) and MP Krishnakoe­marie Mathoera (VHP) recently sent a letter to the management team at the Suriname Aluminum Company (Suralco) and Alcoa to demand that both they instantly break off all negotiatio­ns and to fully disclose publicly all details of what up till now has been agreed upon between Suralco (Alcoa) and the government of Suriname or any other party for that matter with respect to the unilateral­ly premature terminatio­n of the Brokopondo Agreement. The MPs pointed out that based on sparsely received informatio­n they have come to understand that the two parties i.e. Alcoa (Suralco) and the Surinamese government, in an atmosphere of secretiven­ess have concocted a shady deal that is highly unfavorabl­e and detrimenta­l to the interests of the people of Suriname. “Despite unanimous calls from political leaders and others there has not been any talk of clarity and transparen­cy in terms of conditions and arrangemen­ts that should have been agreed upon between Suralco and the Surinamese government as from the very first moment of the announceme­nt in 2015 to the present day,” said the legislator­s who added that the Surinamese people are entitled to full disclosure. “Cessation of all of Alcoa’s industrial operations as of 2016, i.e. closing and dismantlin­g of the alumina refinery plant at Paranam resulted in the dismissal of several hundreds of personnel, which in turn has caused major impact on the Surinamese economy and an unexpected increase of the rate of unemployme­nt. The undersigne­d are of the opinion that negotiatin­g methods of such a disreputab­le kind are considered a flagrant violation of globally accepted principles and standards for responsibl­e business conduct consistent with applicable law and internatio­nally recognized standards,” said the legislator­s who added that several actions of Alcoa/ Suralco have created mistrust among the people. “It appears to be Suralco who has unilateral­ly disclosed and announced to the government of Suriname its intention to prematurel­y terminate the Brokopondo Agreement in 2015. Despite unanimous calls from political leaders and others there has not been any talk of clarity and transparen­cy in terms of conditions and arrangemen­ts that should have been agreed upon between Suralco and the Surinamese government as from the very first moment of the announceme­nt in 2015 to the present day.”

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