THE former Chief Executive Officer of London Mining Plc, Graeme Hossie, and the company’s erstwhile Chief Financial Officer, Rachel Rhodes, have been charged in the UK along with international business consultant Ariel Armon with conspiring to make multiple corrupt payments to secure preferential treatment in Sierra Leone.
The company was headquarter
ed in central London and went into administration in 2014.
In 2016, the UK’s Serious Fraud Office (SFO) opened
an investigation into the collapse of the company
As part of a complex international investigation, the SFO said that its investigators carried out mult
iple searches and arrests,
London Mining had operations in Brazil, China, Colombia, Greenland, Saudi Arabia and Sierra Leone.
The defendants will appear before Southwark Crown Court in South London on July 14.
Lisa Osofsky, Director of the Serious Fraud Office, said: ‘International bribery
and corruption have a devastating impact on local communities and the stability of global supply chains.
‘We are committed to holding company executives to account, delivering justice for these communities and protecting the UK’s reputation.’
