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SEC lobs Rio Tinto bombshell

Tom Albanese and Guy Elliott on fraud charges.

Kristie Batten
Former Rio Tinto CEO Tom Albanese has been charged with fraud by the US SEC.

Former Rio Tinto CEO Tom Albanese has been charged with fraud by the US SEC.

The charges, filed in federal court in Manhattan this morning, relate to the 2011 acquisition of Riversdale Mining for US$3.7 billion. The acquisition of the company, which held coal assets in Mozambique,...

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