Manager at Brazil's Vale told executives of dam risks: newspaper

RIO DE JANEIRO (Reuters) - A manager at Brazilian iron ore miner Vale SA told authorities that the company's executive board knew there had been a 'decrease in security' at the dam that burst in January, killing hundreds, according to a newspaper report on Tuesday.

Reuters February 27, 2019 04:05:52 IST
Manager at Brazil's Vale told executives of dam risks: newspaper

Manager at Brazils Vale told executives of dam risks newspaper

RIO DE JANEIRO (Reuters) - A manager at Brazilian iron ore miner Vale SA told authorities that the company's executive board knew there had been a "decrease in security" at the dam that burst in January, killing hundreds, according to a newspaper report on Tuesday.

The manager told authorities he had discussed the dam with his superiors, a columnist at newspaper Folha de S.Paulo reported, without saying how the information was obtained.

Vale denied the report, saying that none of the company's managers had made statements on a decrease in security at the dam, nor had they said that the company's board received information suggesting an imminent risk to the structure.

Technical evaluations of the dam had not indicated an immediate risk that it would burst, Vale said in a statement.

In the month since the dam burst in the town of Brumadinho, likely killing over 300 people, prosecutors and media have raised questions about the security measures that were in place to prevent such a burst. Earlier in February, Reuters reported that internal Vale documents showed the dam had an elevated risk of rupture.

The newspaper report did not name the manager or give further details on his or her testimony.

(Reporting by Gram Slattery; Editing by Bernadette Baum and Leslie Adler)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

TAGS:

also read

Oil settles up after hitting 15-month highs on demand prospects
Business

Oil settles up after hitting 15-month highs on demand prospects

By Laura Sanicola NEW YORK (Reuters) - Oil prices settled higher on Tuesday, with Brent hitting above $71 and trading at its highest since March, on expectations for growing fuel demand during the summer driving season in the United States as OPEC+ agreed to boost output. Brent crude futures for August settled up 93 cents, or 1.3%, to $70.25 a barrel after hitting $71 earlier in the session - its highest intra-day price since March 8. U.S.

Wall St ends little changed; energy gains, health sags
Business

Wall St ends little changed; energy gains, health sags

By Lewis Krauskopf, Shashank Nayar and Medha Singh (Reuters) - Wall Street's main indexes ended little changed on Tuesday, with gains in energy and financial shares countering declines in healthcare, as investors weighed the latest U.S. economic data for signs of a rebound and rising inflation. The S&P 500 financial sector hit a record high, while expected growth in fuel demand boosted oil prices and helped lift the energy sector

Zoom forecasts upbeat revenue on remote work, e-learning boost
Business

Zoom forecasts upbeat revenue on remote work, e-learning boost

(Reuters) - Zoom Video Communications Inc on Tuesday forecast better-than-expected revenue for the current quarter, after beating quarterly estimates, as the video-conferencing platform expects steady growth from remote work and online learning. Zoom became a household name during the pandemic as businesses and schools switched to its video conferencing platform for virtual classes, office meetings and social catch-ups