Circuitous route of Airbus's investment in Mali gold mine draws Swiss scrutiny
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THE Kodieran gold deposit in Mali has never produced much gold beyond the specks that locals panned from this remote corner of Africa, but yet, the mine gained in 2012 a curious shareholder - Airbus.
The French aviation giant bought its stake in a roundabout way, moving 15 million euros from an internal fund through a series of entities in the British Virgin Islands, Luxembourg, Switzerland and Germany. Its foray into mining didn't pan out, however; the company ultimately lost almost all its investment.
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