Rio Tinto Faces Corruption Investigation by U.K. Prosecutors
- Probe looking at Rio’s business conduct in Republic of Guinea
- Miner said last year it had alerted authorities to dealings
U.K. Serious Fraud Office Probes Rio Tinto
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Rio Tinto Group faces a probe by the U.K.’s Serious Fraud Office over its business dealings in Guinea, just months after Australia’s federal police started an investigation into payments relating to the $20 billion Simandou iron ore project in the African nation.
The prosecutor said in a statement Monday it was investigating the conduct of the miner, its employees and third parties.