Thursday, 13 August 2009

Those Rio Tinto bribes

There’s still much confusion about what the Rio Tinto four are alleged to have done. Overnight we have learned that at least they are not to be tried under the same laws as spies who steal such things as nuclear secrets but not much else. Perhaps the greatest uncertainty is whether the bribery allegations refer to them having paid to gain information improperly from officials of Chinese steel companies or been paid by those companies to allow them by-pass the proper purchasing procedures. If it turns out that the four have put money in their own pockets then Rio Tinto’s protestations of innocence will sound a bit hollow.
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