🤯 Rio Tinto: cover-up? Billion-dollar fiasco remains without consequences!

• Investor lawsuit successful: Rio Tinto $RIO (-1.42%) pays USD 138.75 million
• Allegation: deception and concealment of billion-dollar problems 🕶
• Project costs skyrocketed by almost USD 2 billion 🚀
• Up to 2.5 years late - still officially "all okay" in 2018 🤯
• CEO and top management under massive pressure 🔎
• Despite settlement: project remains risky but strategically important 🔋

You can find more detailed information on the whole thing in the article by @SAUgut77 : https://getqu.in/2Wol1G/

$RIO (-0.2%)
$RIO (+0.31%)

Source:

https://www.boerse-express.com/news/articles/rio-tinto-aktie-schleichender-rueckgang-801420