US SEC reportedly investigating Vale over dam disaster

Tuesday, 19 November 2019 22:09:57 (GMT+3)   |   Sao Paulo
       

The US Securities and Exchange Commission (SEC) is reportedly investigating Brazilian iron ore producer Vale over the Brumadinho disaster, a media report from O Globo said.

The probe is preliminary, the media report said. SEC took the decision after meeting with Brazilian federal prosecutors, the Ministerio Publico Federal, the media report said.

The Brumadinho disaster killed over 250 people in January this year. The media report did not disclose the nature of the alleged SEC investigation.


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