The bond default caused consternation among bondholders who pointed out the inadequacy in disclosures by the company. An investor in the defaulted bond quoted in the Wall Street Journal was not aware of a corruption raid in Canada against the company's mining subsidiary MagIndustries until April 2015 at a bondholders meeting months after the raid occurred in January 2015. News of the raid on MagIndustries offices had been published on the website of MagIndustries in English.[5]