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Controversy surrounds Glencore's stake in UK battery maker Britishvolt | Glencore theguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theguardian.com Daily Mail and Mail on Sunday newspapers.
Michael J. Kavanagh, Bloomberg News BC-UK-Fraud-Unit-Finds-Bribe-Network-Behind-Worldâs-Cobalt-Hub , Bloomberg (Bloomberg) U.K. prosecutors have told Swiss authorities they have proof of an alleged money-laundering ring spanning from Africa to Europe that paid almost $380 million in cash bribes to authorities in the Democratic Republic of Congo. Companies repeatedly bribed officials to further their business interests in the mineral-rich nation, according to the Swiss court judgment that cited information from U.K. prosecutors. Congo is Africaâs biggest producer of copper and supplies about 70% of the worldâs cobalt, a critical input for the batteries that power electric vehicles. The $379 million that was allegedly siphoned off in bribes over a five-year period is more than Congoâs total spending on health care last year. According to the World Bank, about one of every six people living ....
U.K. Fraud Unit Finds Alleged Bribe Network Behind Cobalt Hub swissinfo.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swissinfo.ch Daily Mail and Mail on Sunday newspapers.
Annonce de Recrutement d'un(e) Consultant(e) Programme Gouvernance des Industries Extractives reliefweb.int - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reliefweb.int Daily Mail and Mail on Sunday newspapers.
The East African Monday May 24 2021 A worker drives a fork-lift past a machine pouring a mixture of copper and cobalt in a bag at the STL (Société pour le traitement du terril de Lubumbashi) processing plant in Lubumbashi. PHOTO | AFP Summary Kinshasa has already lost out on nearly $2 billion in revenue by selling mining and oil assets to an Israeli billionaire, according to a coalition of Congolese and international organisations. Advertisement Democratic Republic of Congo leader Félix Tshisekedi is seeking a review of some mining contracts with foreign companies as a lobby warns that the country will potentially lose at least $3.7 billion in skewed mining and oil deals with controversial Israeli billionaire Dan Gertler. ....