Financial Crime Financial Crime

UK fraud agency says ENRC civil claim legal costs will jump

By Martin Coyle
  • 05 Mar 2021 10:53
  • 27 Apr 2021 04:33
The estimated cost of defending a Eurasian Resources Group unit's civil claim has jumped by around a third to more than 9 million pounds ($12.4 million), the UK's Serious Fraud Office told a London court today.

Eurasian Natural Resources Corporation, or ENRC, is suing the prosecutor for 70 million pounds for allegedly inducing a lawyer at

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Martin Coyle

Senior Correspondent

Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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