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

Reuters on 13th 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

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