UK Opens Criminal Fraud Probe Into Kazakh Mining Co.

Law360, New York (April 25, 2013, 6:09 PM EDT) -- Investigators in the U.K. said Thursday they have launched a criminal probe to determine if mining company Eurasian Natural Resources Corp. PLC or some of its business units committed fraud or bribery in Central Asia and Africa.

The director of the U.K. Serious Fraud Office has opened a formal probe into the actions of the Kazakhstan-based ENRC, the office said in a brief statement.

“The focus of the investigation will be allegations of fraud, bribery and corruption relating to the activities of the company or its...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.