RIO News: Rio Tinto to pay $15 million to settle U.S. SEC investigation - 7th Mar 2023, 9:05am

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(Reuters) -Rio Tinto said on Tuesday it had agreed to pay a $15 million civil penalty to settle an investigation by the U.S. Securities and Exchange Commission, relating to an alleged bribery scheme involving a consultant in Guinea.

The company, fined for violating the Foreign Corrupt Practices Act, said the investigation involved certain contractual payments made to a former consultant over a decade ago.

The U.S. SEC investigation found in July 2011 the company had hired a French investment b...

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