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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Rio Tinto Plc | LSE:0KWZ | London | Ordinary Share | RIO TINTO ADR REPTG ONE ORD SHS |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 59.16 | 500 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Miscellaneous Metal Ores,nec | 54.86B | 10.06B | 8.0090 | 6.30 | 74.3B |
TIDMRIO
RNS Number : 0784S
Rio Tinto PLC
07 March 2023
Notice to ASX/LSE
Rio Tinto resolves legacy U.S. Securities and Exchange Commission FCPA investigation
6 March 2023
Rio Tinto has today resolved a previously self-disclosed investigation by the U.S. Securities and Exchange Commission (SEC) into certain contractual payments made to a former consultant over a decade ago in 2011, relating to the Simandou project in the Republic of Guinea.
Without admitting to or denying the SEC's findings, Rio Tinto has agreed to pay a $15 million civil penalty for violations of the books and records and internal controls provisions of the Foreign Corrupt Practices Act (FCPA).
In connection with the settlement, Dominic Barton, Chairman of Rio Tinto said: "We are glad to have resolved this matter related to events that occurred over a decade ago on appropriate and reasonable terms. When Rio became aware of the issue, an internal investigation was immediately launched, and we proactively notified the appropriate authorities.
"Since becoming aware, Rio Tinto has taken significant actions to enhance our compliance programme based on best practices. Under current leadership we are taking action to build a culture guided by our values of care, courage and curiosity; an environment where every team member feels comfortable to speak up if something is not right. We remain committed to conducting business to the highest standards of integrity, and ensuring that our projects benefit communities, host governments, shareholders, and customers."
Contacts
Please direct all enquiries to media.enquiries@riotinto.com
Media Relations, United Media Relations, Australia Media Relations, Kingdom Americas Matt Chambers Matthew Klar M +61 433 525 739 Simon Letendre M +44 7796 630 637 M +1 514 796 4973 Jesse Riseborough David Outhwaite M +61 436 653 412 Malika Cherry M +44 7787 597 493 M +1 418 592 7293 Alyesha Anderson M +61 434 868 118 Investor Relations, United Investor Relations, Australia Kingdom Tom Gallop Menno Sanderse M +61 439 353 948 M +44 7825 195 178 Amar Jambaa David Ovington M +61 472 865 948 M +44 7920 010 978 Clare Peever M +44 7788 967 877 Rio Tinto plc Rio Tinto Limited 6 St James's Square Level 43, 120 Collins Street London SW1Y 4AD Melbourne 3000 United Kingdom Australia T +44 20 7781 2000 T +61 3 9283 3333 Registered in England Registered in Australia No. 719885 ABN 96 004 458 404
This announcement is authorised for release to the market by Steve Allen, Rio Tinto's Group Company Secretary.
riotinto.com
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(END) Dow Jones Newswires
March 07, 2023 02:00 ET (07:00 GMT)
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