One of Australia's richest men is among 11 execs and crew killed in plane crash over Africa
A wrecked plane carrying the top executives of an Australian mining firm -- including one of Australia’s richest men – was found in the dense jungle in Congo on Monday, Sky News reported. There were no survivors.
Natasha Flacon Brian, a French national and executive assistant of The Talbot Group, a private investment firm, also was onboard. The other French national, the Britons and the American have not yet been named.
The plane was flying from Mbalam, Cameroon, to Yangadou in Congo. Both stops were near Sundance mining sites.
Sundance executive Ken Talbot, one of the richest men in Australia, has an estimated worth of $AU1 billion ($880 million). Talbot, 59, founded the mining company Macarthur Coal. He left the firm following allegations of corruption in which he was accused of depositing funds into a government official’s account. He was due to go on trial in August.
Sundance halted trading of its shares, and CFO Peter Canterbury was named acting chief executive. “This is a deeply distressing time for the families of the missing, their friends and work colleagues,” Canterbury said.
The firm’s executives were in Cameroon to discuss the Mbalam project, which reportedly could earn the African country billions of dollars over the next 25 years.