BUSINESS LIVE: Rio Tinto investigated by FCA; Patisserie Valerie auditor sanctioned
BUSINESS LIVE: Rio Tinto investigated by FCA; Patisserie Valerie auditor sanctioned; Morrisons shareholders to vote on £7bn takeover
Rio Tinto is being investigated by the Financial Conduct Authority over claims it misled the market about its sprawling £5billion copper mine in Mongolia’s Gobi Desert.
The City regulator is questioning those previously linked to the project, sources told the Mail, ahead of potentially launching an official probe.
The Financial Reporting Council has imposed sanctions against Grant Thornton UK in its relation to audit of Patisserie Valerie, which went into…