Billionaire mining moguls fight SFO in $99mn trial ...Qatar

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Billionaire mining moguls fight SFO in $99mn trial
Billionaire mining tycoons said the UK’s fraud prosecutor’s desperation for a high-profile scalp made it a “willing” audience for their “bullying” lawyer accused of leaking confidential information and inciting a criminal probe that’s dragged on for almost a decade. The 11-week London trial between Kazakh miner Eurasian Natural Resources Corp and the Serious Fraud Office started yesterday as the company seeks £70mn ($99mn) from the prosecutor, and hundreds of millions more from its ex-lawyer Neil Gerrard for money it says it spent on legal fees for internal investigations and defence. The High Court battle marks the beginning of the end of a near decade-long fight that’s involved several la

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