Latest coverage on controversial ENRC activities & $550 million Congo deal

 

The Guardian reported on 27 December that ENRC’s three founder shareholders and others are to be sued by their former corporate finance adviser. The Daily Mail has also continued to report prominently on the ENRC story, putting it at the top of its business section in its Christmas Eve edition. The piece highlights the inconvenient timing of the vote on the Congo deal, which was held between Christmas and New Year’s Day.

 

Companies must come clean on conflict minerals lawsuit

In October 2012, despite the concessions made by the SEC to industry in the rule, the Chamber of Commerce, the National Association of Manufacturers (NAM) and the Business Roundtable filed a lawsuit against the SEC over the final rule for Section 1502. In their petition, the industry associations request that the rule “be modified or set aside in whole or in part.”

 

Companies protect profits over people as fighting escalates in eastern DRC