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KM Financial Solutions | UPDATE 2-U.S. SEC charges Rio Tinto, former top executives with fraud
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UPDATE 2-U.S. SEC charges Rio Tinto, former top executives with fraud

17 Oct UPDATE 2-U.S. SEC charges Rio Tinto, former top executives with fraud

Posted at 00:04h in News by
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NEW YORK, Oct 17 (Reuters) – The U.S. Securities and
Exchange Commission on Tuesday charged mining company Rio Tinto
Plc and two of its former top executives with
fraud, saying they inflated the value of coal assets in
Mozambique acquired for $3.7 billion and sold a few years later
for $50 million.

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