Emails link Rio Tinto managers to Guinea payments – FT

Two former chief executives of Rio Tinto discussed payments to a consultant for work on a $20bn iron ore project in Guinea that the mining company has since reported to regulators, according to internal correspondence.

Emails from 2011 seen by the Financial Times show Tom Albanese, then Rio chief executive, and Sam Walsh, then head of iron ore at the company, debating a request to pay $10.5m to the French consultant for his “very unique and irreplaceable services and closeness to the president” of Guinea.

The FT has established that the consultant involved was François Polge de Combret, who served as an adviser to Valéry Giscard d’Estaing during his time as French president.

Source: Emails link Rio Tinto managers to Guinea payments (£)

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