Afren calls in Serious Fraud Office

Issue 297 - 27 Mar 2015
Afren says it has passed information to the UK’s Serious Fraud Office (SFO) after an investigation uncovered new concerns over expenses payments. In a statement released late on Friday 20 March, Afren said reporting the concerns was a condition for the provision of interim funding from bondholders to keep the indebted company afloat. The concerns arise from an investigation by Willkie, Farr & Gallagher (WFG) regarding the hire of an individual in 2012, and the payment of travel and accommodation expenses connected to Afren’s activities, the company said.

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Africa Investment Exchange: Power & Renewables

16-17 November 2022, RSA House, London

Enabling power project development in Africa

First held at RSA House in 2014, AIX: Power & Renewables has become one of the meeting places of choice for Africa’s power sector stakeholders, including leading private and public sector investors, African officials and project developers.

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More than 45 panellists have so far confirmed

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