Mineral Resources Says Investigation to Finish by Next Week
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Mineral Resources Ltd. said its investigation into undeclared payments made to companies linked to its tycoon founder, Chris Ellison, would be completed by next week.
Ellison, who is managing director and a major shareholder, said the payments pre-dated the company’s 2006 listing, and came from overseas entities he and his business partners operated, and which sold mining equipment and parts. He did not declare the income from the supply contracts.