ERG notes that the SFO has officially closed its long-standing investigation into ENRC with no charges brought
Eurasian Resources Group (ERG), a leading diversified natural resources group headquartered in Luxembourg, which in late 2013 acquired the assets of Eurasian Natural Resources Corporation (ENRC), the former FTSE 100 company, notes the decision of UK’s Serious Fraud Office (SFO) to close its decade-long investigation into ENRC, officially communicated here: https://www.sfo.gov.uk/cases/enrc/.
No charges were brought against ENRC or its officers as a result of the investigation.
A spokesperson for ENRC commented: “ENRC is pleased that the SFO has finally closed its investigation and that the SFO is taking no further action in respect of this matter.”
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