Email trail led to Rio’s bribery investigation

Original article by James Chessell
The Australian Financial Review – Page: 23 & 26 : 11-Nov-16

Francois de Combret has been named as the consultant who received a $US10.5m ($A13.7m) payment from Rio Tinto in connection with its Simandou iron ore project in Guinea. Rio Tinto executive Alan Davies has been suspended in the wake of revelations that the resources group is investigating the payment. It has also been revealed that former Rio Tinto CEOs Tom Albanese and Sam Walsh were involved in email discussions with Davies regarding the payment. Walsh was the head of the group’s iron ore division at the time.

CORPORATES
RIO TINTO LIMITED – ASX RIO, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, UNITED STATES. SECURITIES AND EXCHANGE COMMISSION, UNITED STATES. DEPT OF JUSTICE, GREAT BRITAIN. SERIOUS FRAUD OFFICE, BSG RESOURCES LIMITED, INTERNATIONAL CENTRE FOR SETTLEMENT OF INVESTMENT DISPUTES, LAZARD LLC, UBS AG, VEDANTA RESOURCES PLC

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