After the dam break at an iron ore mine in Brazil, the head of the mining group Vale and other managers are back. Recently, there have been numerous indications that the group knew of an increased risk of fracture.
Approximately five weeks after the devastating dam break in the case of a mining of the iron ore producers, Vale, in Brazil, the group met the chief and other senior executives. The company said it was a farewell until further notice.
The Board of Directors had accepted the resignation of the CEO, Fabio Schvartsman immediately. Previously, the prosecution had recommended the company to dismiss him and other senior staff.
Schvartsman defended at the same time, his actions. He was firmly convinced that his Action was absolutely reasonable and correct. He had complied with the safety standards in the company.
