(Bloomberg) -- The Democratic Republic of Congo
detained Billy Rautenbach, a shareholder of London-based cobalt
producer Central African Mining & Exploration Co., which is
bidding 943 million pounds ($1.94 billion) for Katanga Mining
Ltd, said Jean-Pierre Ondekane, the central African country's
director general of immigration.
Rautenbach is being held by immigration services in
Lubumbashi, the capital of the southern Katanga Province, where
he was stopped before he could travel on to a Central African
mine, Ondekane said in an interview in the capital, Kinshasa.
Rautenbach was given verbal notice that he was barred from Congo,
because of a request from South Africa for his arrest on fraud
charges, Ondekane said. A copy of the persona non grata decree
signed by Ondekane was sent to Bloomberg.
Read more at Bloomberg Emerging Markets News
detained Billy Rautenbach, a shareholder of London-based cobalt
producer Central African Mining & Exploration Co., which is
bidding 943 million pounds ($1.94 billion) for Katanga Mining
Ltd, said Jean-Pierre Ondekane, the central African country's
director general of immigration.
Rautenbach is being held by immigration services in
Lubumbashi, the capital of the southern Katanga Province, where
he was stopped before he could travel on to a Central African
mine, Ondekane said in an interview in the capital, Kinshasa.
Rautenbach was given verbal notice that he was barred from Congo,
because of a request from South Africa for his arrest on fraud
charges, Ondekane said. A copy of the persona non grata decree
signed by Ondekane was sent to Bloomberg.
Read more at Bloomberg Emerging Markets News
No comments:
Post a Comment