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No wonder that nuclear company AREVA changed its name (to ORANO): former director indicted for corruption.

Le Monde 7th April 2018, Acquisition of Uramin: the former director of the Areva mines indicted for  “corruption” The former director of the Areva mines has been indicted in Paris for “corruption” in the investigation of the acquisition of the mining company Uramin in 2007.

Areva, now Orano, had paid 1.8 billion euros to acquire the Canadian Uramin, but the exploitation of the three deposits
of the company in Namibia , South Africa and Central Africa had proved much more difficult than expected. The operation had turned into a financial chasm and had forced Areva, at the end of 2011, to provision 1.5 billion euros.

April 9, 2018 - Posted by | France, secrets,lies and civil liberties

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