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UK's SFO issues arrest warrant for Kazakh miner Eurasian Resources CEO

UK's SFO issues arrest warrant for Kazakh miner Eurasian Resources CEO
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By Reuters
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(Reuters) - Britain's Serious Fraud Office (SFO) issued an arrest warrant on Friday for the CEO of Kazakh mining company Eurasian Resources Group (ERG), formerly known as ENRC, which it is investigating for fraud, bribery and corruption on its acquisition of some mineral assets.

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The warrant for the arrest of Benedikt Sobotka, 37, was issued over his failure to appear for questioning in London on June 26, the SFO said.

ERG did not immediately respond to a request for comment. It has in the past denied committing any criminal offence.

The company, which is registered in Luxembourg, has ferrochrome, aluminum, iron ore and energy operations in Kazakhstan, copper and cobalt assets in Africa and iron ore mines in Brazil.

(Reporting by Arathy S Nair in Bengaluru; Editing by Robin Pomeroy)

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