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What is the Endeavour Mining scandal?

Asked by Anonymous Sep 02, 2026 33 views 1 answers
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Answered Sep 02, 2026

Endeavour Mining faced a high-profile corporate governance scandal involving the abrupt termination of its former CEO, Sébastien de Montessus, following an internal investigation that discovered an unauthorized, irregular payment instruction of $5.9 million related to an asset sale. Subsequent investigations uncovered further concealed payments, leading the board to implement strict governance reforms, claw back executive remuneration, and install new leadership under CEO Ian Cockerill.

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