(Bloomberg) -- Congo's government said it's probing the operations of Central African Mining & Exploration Co., a U.K.-based copper producer, after being approached by South Africa to help with the arrest of a company shareholder.
South Africa's Justice Department asked Congo to assist with an arrest warrant for Billy Rautenbach, a Camec shareholder, on charges of fraud, corruption and theft, Victor Kasongo, Congo's vice minister of mines, said in an e-mailed statement dated yesterday. Rautenbach is in China and unavailable for comment, his father Wiesel Rautenbach said by telephone from Harare today. Calls to his son's Zimbabwean mobile phone didn't connect.
Read more at Bloomberg Emerging Markets News
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