Thursday, May 17, 2007

Congo sees Rautenbach as root of CAMEC's problems

(Reuters) - Zimbabwean businessman Billy Rautenbach's stake in Central African Mining & Exploration (CAMEC) is at the root of a row between the London-listed miner and Congo's government, the deputy mines minister said on Wednesday.

Victor Kasongo said Congolese authorities had been contacted by South Africa requesting assistance in Rautenbach's arrest on charges of "fraud, corruption, and theft," at a time when the central African country is trying to shake up its mining sector.


Read more at Reuters Africa

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