Tag Archives: SFO

SFO drops ENRC case 2023

RAID statement following the UK SFO announcement to close the corruption investigation into mining giant ENRC 

Statement by UK corporate watchdog RAID On 24 August, the UK’s top anti-corruption agency, the Serious Fraud Office (SFO), announced it had decided to drop its ten-year investigation into Eurasian Natural Resources Corporation (ENRC) due to “insufficient admissible evidence to prosecute”. ENRC had been under investigation for corruption and bribery centred on suspected bribes for cobalt and