Brazil Police Will Announce Criminal Charges Against Seven Vale Employees

Date : 09/20/2019 @ 1:00PM
Source : Dow Jones News
Stock : Cia Vale Rio Doce (VALE3)
Quote : 50.13  -2.07 (-3.97%) @ 10:45PM

Brazil Police Will Announce Criminal Charges Against Seven Vale Employees

Historical Stock Chart

6 Months : From Aug 2019 to Feb 2020

Click Here for more VALE ON Charts.
By Luciana Magalhaes and Samantha Pearson 

BELO HORIZONTE, Brazil -- Brazilian police will announce criminal charges Friday against Vale SA and its German safety auditor TÜV SÜD over the miner's deadly dam collapse in January, according to a person familiar with the probe.

In the first charges following the tragedy, police will also formally accuse seven individuals from Vale and six employees from TÜV SÜD, including a director of the certifications group in Germany, the person said, without naming the accused. Police are set to give further details in a news conference Friday morning.

A spokeswoman for Vale said the miner didn't have an immediate comment. A spokesman for TÜV SÜD had no immediate comment.

The charges come almost eight months after Vale's mine-waste dam collapsed in the town of Brumadinho, killing 270 people, the world's most deadly disaster of its kind in more than half a century.

Under Brazilian law, police can only formally accuse suspects, while it is up to prosecutors to file the charges before a judge.

--Alistair MacDonald in London contributed to this article.

Write to Luciana Magalhaes at and Samantha Pearson at


(END) Dow Jones Newswires

September 20, 2019 08:45 ET (12:45 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.