Airbus stake in Mali mine, after zigzag, draws Swiss scrutiny

July 13, 2017

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The Kodieran gold deposit in Mali never produced much gold beyond the specks that locals panned from this remote corner of Africa. Yet in 2012, the mine gained a curious shareholder: Airbus.

The French aviation giant bought its stake in a round-about way, moving 15 million euros from an internal fund through a series of entities in the British Virgin Islands, Luxembourg, Switzerland and Germany.

Category: General