This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

NYC Case Casts Light On West African Mining Fight

Prosecutors say the widow had proof: contracts â¿¿ in French and titled "Portocole D'Accord" and "Lettre D'Engagement" â¿¿ between her and BSGR that promised her $2 million in advance and $5 million more if the mining rights were granted. After agreeing to cooperate in the probe, Toure purposely tried to spook Cilins by telling him the FBI was closing in and wanted her to turn over the contracts to the grand jury.

"We need to urgently, urgently, urgently destroy all of this," he allegedly responded in one of many conversations monitored by the FBI.

Cilins assured Toure that he had the blessing and funding from someone prosecutors label a co-conspirator but only identify as a "high-ranking individual" at BSGR.

"What I was asked to do is to watch when the documents are destroyed ... to be 100 percent sure that everything is destroyed and that nothing is dispersed," Cilins said in a whisper, according to prosecutors.

Cilins offered to give Toure $1 million once he witnessed the burning of the contracts, the papers say. But he also insisted she sign a sworn statement saying she never received money from BSGR and never intervened on its behalf in the Guinea mining deal.

FBI agents arrested Cilins at a Jacksonville airport after he and Toures met one last time. Agents discovered he was carrying more than $20,000 in cash.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs