Brazilian iron ore miner Vale SA is dismissing Chief Executive Fabio Schvartsman...
RIO DE JANEIRO - Brazilian iron ore miner Vale SA is dismissing Chief Executive Fabio Schvartsman, as well as several other high-ranking employees, a source with direct knowledge of the matter told Reuters on Saturday, after one of its mining dams burst in January killing hundreds.
State and federal prosecutors had earlier in the day recommended the “immediate removal” of Schvartsman and three other executives from “any functions or activities” at the firm. According to the source, who requested anonymity because the matter has not been announced publicly, Vale’s board decided to follow prosecutors’ recommendations, meaning all of the people will be dismissed.Vale did not immediately respond to a request for comment.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Brazilian prosecutors call for exit of Vale executives after deadly dam burst: reportBrazilian authorities investigating the fatal January collapse of a dam owned by...
Consulte Mais informação »
Brazil Senate okays dam safety bill after Vale disaster kills hundredsBrazilian Senate committees on Wednesday passed a bill to tighten dam safety in ...
Consulte Mais informação »
Brazil to launch corruption probe into Vale dam disasterBrazil's authorities will investigate miner Vale SA over possible corruptio...
Consulte Mais informação »
Disney agrees to sell Fox Sports in Brazil to win antitrust nodWalt Disney Co accepted a demand by Brazil's antitrust regulator CADE that ...
Consulte Mais informação »
Brazil approves Disney's purchase of Fox assets, paving the way for the deal to closeBrazil’s regulatory agency Cade on Wednesday approved Disney’s $71.3 billion deal, removing a lingering obstacle to finalize the acquisition.
Consulte Mais informação »
Woman who knocked off man's MAGA hat now faces deportationA woman who was arrested earlier this month in Massachusetts after she knocked off a man's 'Make America Great Again' hat is now facing deportation.
Consulte Mais informação »
Venezuela's Guaido to visit Brazil in bid to keep pressure on MaduroVenezuelan opposition leader Juan Guaido was to arrive in Brazil on Wednesday ni...
Consulte Mais informação »
Vale Could Face $7 Billion Fine in Connection With Audit of Mining Dam That Preceded CollapseBrazilian mining giant Vale SA could face a close to $7 billion fine if convicted of colluding with safety auditors to hide unsafe conditions at the dam that collapsed and killed more than 180 people near Brumadinho.
Consulte Mais informação »