Harmony chief quizzed over 74 offshore accounts
Terry Macalister
Tuesday May 17, 2005
The Guardian
The national prosecuting authority in South Africa has opened an investigation into dozens of foreign bank accounts which bear the name of Bernard Swanepoel, the chief executive of Harmony Gold.
The move by the directorate of special operations, also known as the Scorpions, comes at a critical time for the gold mining firm, whose $6.2bn (£3.3bn) hostile bid for larger rival Gold Fields closes in three days.
The Scorpions are now looking at more than 70 accounts held in locations including Bermuda, the Isle of Man and Switzerland under the name of "Zacharias Bernardus Swanepoel" - the full name of the Harmony boss.
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