Mineral Resources shares tumble on founder Chris Ellison’s offshore tax revelations

by Pelican Press
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Mineral Resources shares tumble on founder Chris Ellison’s offshore tax revelations

Shares in Mineral Resources had plummeted after its founder and boss Chris Ellison admitted to a “serious lapse of judgment” over his offshore tax affairs.

Mr Ellison issued a personal statement on Sunday responding to media reports claiming the mining magnate had “evaded tax for years” by using elaborate corporate structures domiciled in the British Virgin Islands.



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