Antinuclear

Corruption in uranium mining – no wonder that AREVA changed its name

Le Monde 7th April 2018, Acquisition of Uramin: the former director of the Areva mines indicted for
“corruption” The former director of the Areva mines has been indicted in Paris for “corruption” in the investigation of the acquisition of themining company Uramin in 2007. Areva, now Orano, had paid 1.8 billion euros
to acquire the Canadian Uramin , but the exploitation of the three deposits of the company in Namibia , South Africa and Central Africa had proved much
more difficult than expected. The operation had turned into a financial chasm and had forced Areva, at the end of 2011, to provision 1.5 billion euros.  http://www.lemonde.fr/police-justice/article/2018/04/07/rachat-d-uramin-l-ex-directeur-des-mines-d-areva-mis-en-examen-pour-corruption_5282269_1653578.html

April 8, 2018 - Posted by Christina Macpherson | General News