Arrest warrant issued for Eurasian Resources Group CEO
13 Gorffennaf, 2018 | Eitemau newyddion
A warrant for the arrest of Benedikt Sobotka has been issued over his failure to appear for questioning in an ongoing corruption investigation into Eurasian Natural Resources Corporation and related companies.
Mr Sobotka, 37, is the CEO of Luxembourg-based Eurasian Resources Group S.à.r.l. He failed to appear for questioning in London on 26 June this year. Mr Sobotka is wanted by the SFO for prosecution of an offence of failing to comply with a direction, contrary to Section 2(2) and (13) of the Criminal Justice Act 1987.
An arrest warrant is a rare but necessary step to ensure that Mr Sobotka is brought before the court. A Section 2 Notice is an investigative process, frequently used in our criminal investigations.
Failing to comply with a Notice served by the SFO and appear for interview to answer questions without reasonable excuse is an offence under the Section 2 of the Criminal Justice Act 1987 and carries a prison sentence of up to 6 months and an unlimited fine.
The SFO’s investigation into ENRC is ongoing and focused on allegations of serious fraud, bribery and corruption in relation to the acquisition of substantial mineral assets.
Notes to editors:
- A Section 2 Notice, compelling Benedikt Sobotka to appear for interview on Tuesday 26 June was issued on Wednesday 20 June.
- A warrant for Mr Sobotka’s arrest was granted by Westminster Magistrates’ Court on Friday 29 June and his solicitors immediately notified.
- Mr Sobotka is not a suspect in the corruption investigation.
- Eurasian Resources Group S.à.r.l is the parent company of ENRC Ltd. ENRC plc was listed on the London Stock Exchange until December 2013, and is headquartered in St James Street, London. On de-listing, ENRC plc’s operations were transferred to ERG. ENRC Ltd is a UK registered company.
- Under Section 2 of the Criminal Justice Act 1987, the Director of the Serious Fraud Office is empowered to compel individuals to appear for interview by SFO staff. More information on the SFO’s Section 2 powers can be found on the historical background and powers page.
- The investigation into Eurasian Natural Resources Corporation was announced in April 2013. Further information can be found on the ENRC case page.
- Benedikt Sobotka is represented by Morrison Foerster LLP.