GLENCORE was “considering its strategic options” in respect of its $1.8bn Mutanda Mining Company, a producer of copper and cobalt that mines in the Katanga province of the Democratic Republic of Congo (DRC).
Deutsche Bank’s head of financial crime and anti-money laundering is stepping down just six months after he was hired to help improve systems and controls even as the bank faced charges ranging from sanctions breaches to mortgage mis-selling.
Beny Steinmetz, owner of mining group BSG Resources, has been released without charge by Israeli police after being held under house arrest in connection with bribery allegations.
The former minister of mines and geology for the African Republic of Guinea was arrested on Tuesday in New York and charged with taking $8.5m in bribes in exchange for assigning lucrative investment rights to a Chinese-owned conglomerate.
Satmar is estimated to be one of the largest Hasidic dynasties in the world.
Rio Tinto’s Guinean payment scandal has deepened, with bitter rival Beny Steinmetz threatening to sue for billions of dollars in damages after alleging the leaked emails at the centre of the scandal show Rio had a hand in stripping his company of valuable iron ore tenements in the African nation.
BAKU – Azerbaijani President Ilham Aliyev said Tuesday that his country has, over the years, signed long-term contracts worth some $5 billion to purcashe weapons and security equipment from Israel.
The Megurit housing fund has seen its stocks tumble in the three months since it went public the Kikar Hashabbat Hebrew news website reported on Sunday.
For weeks, T.O.T. Private Consulting has requested the board members of the charity “Meir Panim” to step forward and provide details and transparency.
A former Icelandic minister has claimed that the FBI attempted to frame Julian Assange during a mission to Iceland.