China has indicted four employees of Rio Tinto Plc, including Australian citizen Stern Hu, for alleged bribery, the official Xinhua news agency said in a Chinese-language report today.
The four were indicted by the Shanghai Municipal People’s Procuratorate, the news agency said today. They were formally arrested by the Shanghai Municipality Public Security Bureau on Aug. 11. The case will be heard as a criminal case by the Shanghai No.1 Intermediate People’s Court, the report said, without giving a date for the hearing.
The four were accused of bribery and violation of commercial secrets, Xinhua said. They took advantage of their positions and sought to obtain benefit from others, asked and received a “huge amount” of bribes from several Chinese steel companies, the report said.
The four obtained commercial secrets from Chinese companies, with serious consequences for those companies, the report said.China has indicted four employees of Rio Tinto Plc, including Australian citizen Stern Hu, for alleged bribery, the official Xinhua news agency said in a Chinese-language report today.
The four were indicted by the Shanghai Municipal People’s Procuratorate, the news agency said today. They were formally arrested by the Shanghai Municipality Public Security Bureau on Aug. 11. The case will be heard as a criminal case by the Shanghai No.1 Intermediate People’s Court, the report said, without giving a date for the hearing.
The four were accused of bribery and violation of commercial secrets, Xinhua said. They took advantage of their positions and sought to obtain benefit from others, asked and received a “huge amount” of bribes from several Chinese steel companies, the report said.
The four obtained commercial secrets from Chinese companies, with serious consequences for those companies, the report said.
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