China jails Rio Tinto executive for 10 years
Shanghai, March 29, 2010
A Shanghai court on Monday sentenced a Chinese-Australian executive of Rio Tinto to seven years in prison on charges of accepting bribes and five years on charges of stealing commercial secrets.
The Shanghai Intermediate People's Court said Stern Hu, who headed Rio Tinto's iron ore operations in China, will serve 10 years.
Hu had pleaded guilty to accepting bribes but disputed the amount of 6.46 million yuan ($946,300) alleged by prosecutors.
Three other Rio executives were also sentenced to between seven and 14 years in prison on bribery and secrets charges. - Reuters