Brazilian securities regulator investigates Vale executives over Brumadinho disaster

Wednesday, 07 April 2021 20:11:22 (GMT+3)   |   Sao Paulo
       

Brazilian securities exchange commission, CVM, is investigating two Vale executives, including former CEO Fabio Schvartsman and Peter Poppinga, the company’s former director of ferrous.

A media report by Estadao said CVM has allowed this week the two executives to address the investigation. The investigation seeks to determine if there was “eventual irregularities related to the non-observance of fiduciary duties.”


Most Recent Related Articles

Tombador Iron signs multiple logistics contracts to export iron ore from Brazil

Brazilian prosecutors close investigation on Vale’s failed Simandou project

Prosecutors open investigation into Vale’s omission on failed African project

UK Court of Appeal rejects lawsuit over Vale’s Mariana dam disaster

Vale commences dam waste filtering system at Vargem Grande mine