Financier Nat Rothschild has traded fresh blows with Bumi, the coal mining company that he co-founded with Indonesia's Bakrie family, after an independent investigation said it could not substantiate allegations of financial impropriety at the business.
Bumi said the investigation, by law firm Macfarlanes, had uncovered only "circumstantial evidence" to support the allegations. The company accused Rothschild – who co-founded Bumi in 2010 with the Bakries but is now waging a campaign to kick out most of the board – of not respecting the confidentiality of the investigation, describing his behaviour as "unhelpful" and "inappropriate". MORE
No comments:
Post a Comment