Asic could pursue criminal charges against Rio Tinto executives

Corporate watchdog is working with US SEC over claims the mining giant failed to accurately value a Mozambique coal assetAustralia’s corporate regulator has revealed it could pursue criminal charges against Rio Tinto executives after the company failed to promptly tell shareholders about a multi-billion dollar write-down of a coal asset in Mozambique. Related: Rio Tinto charged with fraud in US and fined £27.4m in UKContinue reading...