SFO ISSUES ARREST WARRANT FOR CEO OF KAZAKH MINER EURASIAN RESOURCES (ENRC)

Reuters on 13^th July reported that the SFO SFO has issued an arrest warrant for Benedikt Sobotka, 37, the CEO of Kazakh mining company Eurasian Resources Group (ERG) – formerly known as ENRC – which it is investigating for fraud, bribery and corruption on its acquisition of some mineral assets.  The Luxembourg-registered company has ferrochrome, aluminium, iron ore and energy operations in Kazakhstan, copper and cobalt assets in Africa and iron ore mines in Brazil.

https://uk.reuters.com/article/uk-eurasianresources-sfo-ceo/uks-sfo-issues-arrest-warrant-for-kazakh-miner-eurasian-resources-ceo-idUKKBN1K31NL?src=ilaw

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section View all posts by raytodd2017