Edition:
International

Kirstin Ridley

Miner ENRC's lawsuit ignores evidence, UK's SFO tells London trial

May 26 2021

LONDON A London lawsuit brought against the UK's Serious Fraud Office (SFO) by ENRC, a mining company at the centre of an eight-year corruption investigation, lacks evidence and should never have been brought, a lawyer for the agency told a court on Wednesday.

Miner ENRC lawsuit against Dechert 'stuff of conspiracy theories', UK court told

May 25 2021

LONDON A lawsuit against law firm Dechert and the UK Serious Fraud Office (SFO) launched by ENRC, a mining company at the centre of an eight-year British corruption investigation, is the "stuff of conspiracy theories", a London trial heard on Tuesday.

UK court rejects subprime lender Amigo's rescue plan

May 25 2021

LONDON London's High Court has rejected a rescue plan from subprime lender Amigo that would have cut compensation payouts to customers for mis-selling loans, sending the company's shares plunging more than 50% on Tuesday.

UPDATE 3-UK court rejects subprime lender Amigo's rescue plan

May 25 2021

* Company considering its options, including appeal (Adds comments from judgment, analyst)

Miner ENRC rounds on UK's SFO, Dechert in London court battle

May 24 2021

LONDON (Reuters) -A former lawyer of Kazakh mining company ENRC turned on his own client and effectively invited the UK Serious Fraud Office (SFO) to launch a corruption investigation eight years ago out of personal greed, London's High Court heard on Monday.

Miner ENRC rounds on UK's SFO, Dechert in London court battle

May 24 2021

LONDON ENRC, a Kazakh mining company at the centre of one of Britain's longest corruption investigations, on Monday opens its case against its former lawyer and the UK Serious Fraud Office (SFO), seeking damages over allegations of serious wrongdoing.

Miner ENRC rounds on UK's SFO, Dechert in London court battle

May 24 2021

LONDON, May 24 ENRC, a Kazakh mining company at the centre of one of Britain's longest corruption investigations, on Monday opens its case against its former lawyer and the UK Serious Fraud Office (SFO), seeking damages over allegations of serious wrongdoing.

Australia's Wright launches lawsuit over $5.7 billion bitcoin haul

May 12 2021

LONDON An Australian computer scientist who alleges he created bitcoin has launched a London High Court lawsuit against 16 software developers in an effort to secure bitcoin worth around 4 billion pounds ($5.7 billion) he says he owns.

Exclusive: UK court to reconsider $6.9 billion Brazil dam lawsuit against BHP

May 06 2021

LONDON London's Court of Appeal will hear a request to revive a 5 billion pound ($6.95 billion) lawsuit against Anglo-Australian mining group BHP over a 2015 dam failure in Brazil, a court order showed.

UK prosecutor ends investigation into Airbus individuals: sources

May 04 2021

LONDON Britain's Serious Fraud Office (SFO) has ended a criminal investigation into individuals associated with Airbus, the European planemaker that agreed to a record $4.0 billion global settlement 16 months ago, sources said on Tuesday.

World News

G7 rivals China with grand infrastructure plan

The Group of Seven richest democracies sought on Saturday to counter China's growing influence by offering developing nations an infrastructure plan that could rival President Xi Jinping's multi-trillion-dollar Belt and Road initiative.