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The Malian authorities accuse Barrick Gold of owing $500m in unpaid taxes and have issued an arrest warrant for its CEO.
A Malian court has issued an arrest warrant for Mark Bristow, the Chief Executive Officer of Canadian multinational mining company, Barrick Gold Corp. He has been accused of money laundering and violating financial regulations, such as owing $500 million U.S dollars in unpaid taxes.
Last month, four senior Malian employees of Barrick Gold were also charged and detained. The Canadian firm, Barrick Gold Corp., owns the 2nd largest gold mining company in the world. The arrest warrant for Bristow comes as Mali's military government led by General Assimi Goïta, that seized power in 2020 increases pressure on foreign multinational miners in Mali.
Last month, Mali arrested the CEO, and two employees of Australian firm Resolute Mining. The firm agreed to pay $160 million in fines, to free its employees.
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