Sacked Rio exec set for legal stoush

Original article by Peter Ker
The Australian Financial Review – Page: 1 & 12 : 18-Nov-16

Bold Baatar will succeed Alan Davies as CEO of Rio Tinto’s energy and minerals division, after the latter was dismissed following an internal investigation into a scandal regarding the Simandou iron ore project in Guinea. Davies has criticised Rio’s handling of the investigation, and he intends to take legal action over his dismissal. Rio has also sacked its head of legal affairs, Debra Valentine. The $US10.5m payment to a consultant in Guinea has been referred to regulatory authorities in Australia, the US and the UK.

CORPORATES
RIO TINTO LIMITED – ASX RIO, THE MELBOURNE MINING CLUB, AUSTRALIAN FEDERAL POLICE

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