Financial Crime Financial Crime

Rio Tinto pays bonuses to former CEO Walsh after deferral linked to alleged bribery case

By Martin Coyle
  • 22 Feb 2021 10:02
  • 22 Feb 2021 10:02
Rio Tinto has paid its former chief executive Sam Walsh millions of dollars in bonuses that had been withheld while the company investigated money paid to a consultant working on a mining project in Guinea.

The miner said today that Walsh was handed $13.9 million in deferred payments in December, after “no further material

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Martin Coyle

Senior Correspondent


Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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