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EnergyMiner ENRC rounds on UK s SFO, Dechert in London court battle
Kirstin Ridley
3 minute read
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.
In a highly anticipated London High Court trial, Eurasian Natural Resources Company (ENRC) alleges that law firm Dechert and its former partner, Neil Gerrard - hired to carry out an internal investigation into a whistleblowing report - disclosed privileged and confidential information to the SFO.
Former SFO director Richard Alderman was desperate to nail a high-profile corporate suspect in 2011 and Gerrard wanted to milk ENRC for vast fees by expanding the scope of his internal investigation, that at times employed more than 50 Dechert fee earners, ENRC alleges in documents filed with the court.
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