Africa
Areva investigation: French judges comb through Helin's offshore company labyrinth

The French judicial authorities, which are investigating two transactions carried out by the former Areva group's mining division, are concentrating their inquiries on wealth management company Helin, which worked for Areva but also financed the activities of Sébastien de Montessus, former director of the French nuclear power group's mining division. [...]
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Africa
Helin and Orano uranium sale probe speeds up with Paris searches

A lawyer who worked closely with wealth manager Helin International had his home and office searched last month in Paris. Investigators were looking for documents related, among other things, to companies registered by Hélin and used to channel proceeds of the loss-making 2011 sale of uranium from Niger by Orano (formerly Areva).

LogoSubscribers only Finance, Business 15.12.2021

Africa
Endeavour restructures shareholdings around UK and Cayman Islands

The London listing that Africa's largest gold producer is seeking shareholder approval for on 25 May will involve a new financial set-up. The group led by Sébastien de Montessus has already created a new holding company in London that is expected to absorb its current parent company in the Cayman Islands if the London listing goes ahead.

LogoSubscribers only Finance, Mining, Business 10.05.2021
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