REG - Rio Tinto - Rio Tinto contacts regulatory authorities <Origin Href="QuoteRef">RIO.L</Origin>
RNS Number : 6861ORio Tinto PLC08 November 2016Rio Tinto contacts regulatory authorities
9 November 2016
On 29 August 2016, Rio Tinto became aware of email correspondence from 2011 relating to contractual payments totalling US$10.5 million made to a consultant providing advisory services on the Simandou project in Guinea.
The company launched an investigation into the matter led by external counsel. Based on the investigation to date, Rio Tinto has today notified the relevant authorities in the United Kingdom and United States and is in the process of contacting the Australian authorities.
Energy & Minerals chief executive Alan Davies, who had accountability for the Simandou project in 2011, has been suspended with immediate effect.
Legal & Regulatory Affairs group executive Debra Valentine, having previously notified the company of her intention to retire on 1 May 2017, has stepped down from her role.
Rio Tinto intends to co-operate fully with any subsequent inquiries from all of the relevant authorities. Further comment at this time is therefore not appropriate.
Contacts
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Media Relations, EMEA/Americas
Illtud Harri
T +44 20 7781 1152
M +44 7920 503 600
David Outhwaite
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David Luff
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M +44 7780 226 422Investor Relations, EMEA/Americas
John Smelt
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David Ovington
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Nick Parkinson
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Media Relations, Australia/Asia
Ben Mitchell
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M +61 419 850 212
Bruce Tobin
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M +61 419 103 454
Matthew Klar
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M +61 457 525 578
Investor Relations, Australia/Asia
Natalie Worley
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M +61 409 210 462
Rachel Storrs
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Galina Rogova
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Rio Tinto plc
6 St James's Square
London SW1Y 4AD
United Kingdom
T +44 20 7781 2000
Registered in EnglandNo. 719885
Rio Tinto Limited
120 Collins Street
Melbourne 3000
Australia
T +61 3 9283 3333
Registered in Australia
ABN 96 004 458 404
This information is provided by RNSThe company news service from the London Stock ExchangeENDSTRBPBBTMBAMTLF
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