
Australian miner, the St Barbara Mining Company has labelled “incorrect” reports by a local newspaper which stated the company has removed two of its executives over the so-called Wale scholarship affair.
A statement from the company said the newspaper this week published an article regarding benefits provided by Allied Gold Limited to a government official, adding that Allied Gold was acquired by St Barbara in September 2012.
Referring to its quarterly report on 31 July this year, the company said as previously disclosed, it has detected the matter through operation of its internal processes and voluntarily reported the matter, in strict confidence, to relevant authorities including the Australian Federal Police (AFP), the UK Serious Fraud Office and the Solomon Islands Attorney General office.




