U.K.-based mining and minerals company Rio Tinto will pay a $15 million fine to settle charges of violating the Foreign Corrupt Practices Act (FCPA) lodged by the Securities and Exchange Commission (SEC).
Rio Tinto consented to an SEC order alleging it violated the books and records and internal accounting controls provisions of the Securities Exchange Act when it entered into a scheme with a consultant in 2011 to bribe government officials in Guinea.
