Mine may be shut down amid money laundering allegations, bikie claims
By Paddy Manning

The Tasmanian government has taken steps to revoke the operating licence of one of the state's biggest mining operations, after being warned it was allegedly used as a "vehicle for money laundering" and former owners were associated with underworld figures.

https://www.abc.net.au/news/2026-04-01/tas-hellyer-mine-bikie-links-and-troubles/106464982

#CorporateGovernance #MiningandMetalsIndustry #StateandTerritoryGovernment #LawCrimeandJustice #BusinessEconomicsandFinance #Restructuring #Takeovers #PaddyManning

bing news | BlackRock-Linked Renewables Venture Sued for Stock Restructuring

Clearway Energy Inc. is planning to adopt a novel capital structure that would hand perpetual control of the renewable‑energy company to a BlackRock Inc. affiliate even as it unloads nearly its entire stake, according to an investor lawsuit.

A Teamsters fund sued Clearway in Delaware’s Chancery Court, challenging a proposed stock reshuffling that would allegedly reduce the influence of public shareholders by as much as 100‑fold while cementing the majority control enjoyed by a partnership between BlackRock and TotalEnergies SE. The partnership’s entity, Clearway Energy Group LLC, is also named as a defendant in the case.

The filing warns that the restructuring could strip public shareholders of meaningful voting power, leaving control effectively in the hands of the BlackRock‑TotalEnergies partnership and raising broader concerns about corporate governance in the renewable‑energy sector.

Read more: https://news.bloomberglaw.com/esg/blackrock-linked-renewables-venture-sued-for-stock-restructuring

#blackrock #clearwayenergy #publicshareholders #corporategovernance