Coal Company CEO Indicted On Federal Money Laundering, Wire Fraud, Bribery Charges

[hatrack]

The CEO of a coal company that does business in Kentucky has been indicted on federal charges relating to an international money laundering, wire fraud and bribery scheme. Hunter Hobson is the CEO of INMET Mining, which owns the Darby Fork mine in Harlan County, where a 33 year-old roof bolter died in a mine collapse last month. Federal investigators are still looking into that incident.

The federal indictment alleges that between 2016 and 2020, Hobson paid bribes for a $143 million coal contract in Egypt while he was vice president of an unnamed coal company in Pennsylvania.

The bribes described in the indictment were paid to Al Nasr, an Egyptian state-run coke and chemical company. Hobson also allegedly conspired to secretly receive a portion of the commissions paid to the sales intermediary as kickbacks, and that all communications between parties occurred on encrypted messaging applications.

Since 2007, INMET Mining has managed Kopper Glo Mining, which has operated mines in Kentucky and Tennessee since 1958. Hobson’s attorney did not return a request for comment.

EDIT

https://ohiovalleyresource.org/2022/04/05/coal-company-ceo-indicted-on-federal-money-laundering-charges/

[agingdem]

1. CALLING JOE MANCHIN...

your coal mining CEO needs you!!!

[JT45242]

2. What was McTurtle's cut ?

Let's get these guys to sing about ALL the politicians's (do not care which party) that they have bought off over the years. Get them to rat out the other companies too.

Keep going until you get to the top if it takes down McTurtle and Masserati Manchin along with a bunch of corrupt officials at the state and lower federal levels so be it.

We need to be a nation where no one is above the law -- even if hey are white and rich.