Brazil's securities regulator CVM said on Monday it has opened up an additi...
FILE PHOTO: A helmet with a logo of Vale SA is seen in a collapsed tailings dam owned by the company, in Brumadinho, Brazil February 13, 2019. REUTERS/Washington Alves
SAO PAULO - Brazil’s securities regulator CVM said on Monday it has opened up an additional investigation into whether executives of iron ore miner Vale SA breached their fiduciary duties in relation to a January dam collapse which killed nearly 250 people. The investigation is related to an initial administrative probe opened on Jan. 28, when CVM started looking into potential violations of securities laws over the incident.
The securities body, which has the power to impose fines and bar executives from working at listed companies in Brazil, added the investigation does not concern environmental issues, which it said other agencies are looking into. In an emailed statement to Reuters, Vale said it was aware of the investigation carried out by CVM. “We remain available and will maintain a transparent and collaborative stance,” the company said.Reporting by Gabriela Mello and Marta Nogueira; Editing by Lisa Shumaker and Cynthia Osterman
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Brazil-born Elkeson included in China squad in landmark moveBrazil-born striker Elkeson is in line to become the first player without Chines...
Leer más »
A secret hydropower deal with Brazil causes a political crisis in ParaguayBrazil sets the agenda; Paraguay caves to its every demand. Public pressure may change that
Leer más »
HBO Max Developing 'Practical Magical' and Lena Dunham SeriesWarnerMedia’s new streaming service, HBO Max, is ramping up its original content.
Leer más »
A secret hydropower deal with Brazil causes a political crisis in ParaguayBrazil sets the agenda; Paraguay caves to its every demand. Public pressure may change that
Leer más »
Brazil-born Elkeson included in China squad in landmark moveBrazil-born striker Elkeson is in line to become the first player without Chines...
Leer más »
The Week in Washington: “Love Me or Hate Me, You Have to Vote For Me!”If the president is ramping up the invective, it may be because he is feeling skittish about his reelection prospects.
Leer más »