Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Four Rio Tinto executives pleaded guilty in Shanghai court Monday to taking bribes. They are Stern Hu, an Australian executive, and three Chinese coworkers, Liu Caikui, Ge Minqiang and Wang Yong. Previously they had denied the allegations. In a closed court session Tuesday, they faced charges of stealing commercial secrets. Since they were formally arrested in August 2009, China has not revealed details of the allegations, but the AP reports that the charges may be connected to Rio Tinto’s pricing negotiations with state-owned steel mills, which fell apart last year shortly before the arrests.

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2017 ALM Media Properties, LLC. All Rights Reserved.