The Serious Fraud Office (SFO) has launched a criminal investigation into mining giant Eurasian Natural Resources Corporation (ENRC), amid reports that its former law firm Dechert uncovered evidence of wrongdoing during an internal probe into corruption allegations at the FTSE 100 company.
Dechert, which was removed as lead counsel on the investigation earlier this month, has reportedly sent an eight-page letter to ENRC detailing claims of payments to African presidents, misappropriated cash and document destruction at the mining company, according to a report in The Sunday Times. ENRC denies the allegations.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]