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Plaintiffs in Sierra Leone diamond mine lawsuit request freeze of Steinmetz subsidiary’s assets

Plaintiffs in Sierra Leone diamond mine lawsuit request freeze of Steinmetz subsidiary’s assets

COOPER INVEEN and HELEN REID SIERRA Leoneans seeking damages for alleged environmental degradation around a diamond mine have applied for a freezing order on the assets of Octea, a subsidiary of Israeli billionaire Beny Steinmetz's BSG Resources (BSGR). In an affidavit to the high court of Sierra Leone, seen by Reuters, the lawyer for the plaintiffs said there was a "clear and present risk" the defendants could expatriate funds in order to avoid having to pay out if the court rules against them. Sierra Leone's High Court discussed the application for a freezing order on Tuesday and will continue on…
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Sierra Leoneans sue government for alleged environmental failings at diamond mine

Sierra Leoneans sue government for alleged environmental failings at diamond mine

COOPER INVEEN SIERRA Leoneans living next to the country's largest diamond mine are taking their government to West Africa's regional court for failing to protect them from alleged environmental lapses by the company that runs it, a subsidiary of Octea Limited. The complaint, filed to the Economic Community of West African States (ECOWAS) court of justice, alleges that the government failed to act when residents of Koidu, the largest city in the diamond-rich Kono district, complained about water contamination and damage to their houses from blasting at the mine. It also said the government had failed to ensure that the…
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