SEC lobs Rio Tinto bombshell

THE ghosts of Riverdale Mining continue to haunt Rio Tinto with the US Securities and Exchange Commission charging the company, its former CEO Tom Albanese and former chief financial officer Guy Elliott with fraud.

Former Rio Tinto CEO Tom Albanese has been charged with fraud by the US SEC.

18 October 2017
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The charges, filed in federal court in Manhattan this morning, relate to the 2011 acquisition of Riversdale Mining for US$3.7 billion.

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