Graft Probe Spiraled Out Of Control, Ex-ENRC Auditor Says
Law360, London (June 10, 2021, 2:57 PM BST) -- An internal fraud investigation into a Kazakh mining company was poorly managed by a former Dechert LLP partner and spiraled out of control, costing the company millions in unnecessary legal fees, a former executive testified on Thursday.
The former chairman of ENRC's audit committee has told the High Court that he was frustrated that a Dechert lawyer's probe into fraud allegations at the mining company kept expanding. (iStock) Gerhard Ammann, the former chairman of Eurasian Natural Resources Corp.'s audit committee, testified at the High Court trial in London that he was frustrated that Neil Gerrard's probe into fraud allegations kept expanding...
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