UPDATE 2-Brazil police accuse Vale and TÜV SÜD of fraud before dam burst -document

Brazilian federal police proposed criminal charges against Vale SA, auditor TÜV SÜD and 13 of their employees, alleging fraud in relation to a deadly dam collapse in January, according to a document seen by Reuters on Friday. Federal police accused the companies of working with falsified documents attesting to the stability of the dam in Brumadinho, in the southeastern state of Minas Gerais, a source with knowledge of the matter said. Vale said in a Friday securities filing that it was aware of the police investigation, but would not comment further until it has more details.

source https://finance.yahoo.com/news/1-brazil-police-formally-accuse-141811092.html?.tsrc=rss

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