mining giant rio tinto two exchiefs charged with fraud
Last Updated : GMT 09:40:38
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Last Updated : GMT 09:40:38
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Mining giant Rio Tinto, two ex-chiefs charged with fraud

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Themuslimchronicle, themuslimchronicleMining giant Rio Tinto, two ex-chiefs charged with fraud

former chief executive Tom Albanese
Sydney - Muslimchronicle

Rio Tinto and two former senior executives were charged with fraud by US authorities Wednesday for inflating the value of the company's Mozambique coal assets, in an action the mining giant vowed to vigorously defend.

The complaint was filed by the US Securities and Exchange Commission in a Manhattan court, Rio said, with the miner, its former chief executive Tom Albanese and ex-chief financial officer Guy Elliott accused of failing to follow accounting standards and company policies.

Source: AFP

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mining giant rio tinto two exchiefs charged with fraud mining giant rio tinto two exchiefs charged with fraud

 



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