- Endeavour Mining fired Sebastien De Montessus in January
- The miner now says he redirected a total of $21mn away from company coffers
London’s largest gold miner Endeavour Mining (EDV) has said former chief executive Sebastien De Montessus channelled a further $15mn (£12mn) away from the company to an unidentified third party.
The miner fired De Montessus in January over a $5.9mn payment he arranged to be paid to the same third party for what he said was a critical security bill. After an investigation, Endeavour alleged the security bill explanation was false.