Tag: Rio Tinto

Rio Tinto Mining Company Pays $15 Million to Settle US Bribery Accusations

Rio Tinto paid $10.5 million to a friend of former Guinean President Alpha Condé to retain globally important iron ore rights. The SEC found that the consultant in the middle of the scandal paid $200,000 to buy T-shirts for Condé’s re-election campaign, soon after receiving his first payment from Rio Tinto. While the settlement anonymises …

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