London-listed Kazakh miner ENRC is pressing ahead with its battle against a former board member whom it accuses of orchestrating damaging leaks, handing a London court what it says are transcripts of conversations detailing sensitive information.
ENRC is set to delist from the London stock market in the coming weeks, once a takeover by its founders and the Kazakh government completes. That will end a London adventure soured by boardroom battles and corruption claims that have triggered debate over London’s rules on listings and corporate governance.
But, even with the endgame in sight, ENRC’s management has showed little sign it is slowing down its pursuit of those it accuses of orchestrating media leaks the group blames for at least some of its troubles.