Brazil prosecutors seek final settlement over Samarco dam disaster, prosecutor says


Reuters | Rio De Janeiro | Updated: 10-07-2021 02:05 IST | Created: 10-07-2021 02:05 IST
Brazil prosecutors seek final settlement over Samarco dam disaster, prosecutor says
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  • Brazil

Federal prosecutors in Brazil are seeking a definitive settlement with miner Samarco and it's shareholders, BHP Group and Vale, for damages caused by the rupture of a tailings dam in 2015, the lead prosecutor told Reuters.

Carlos Bruno Ferreira da Silva, who is leading the task force responsible for the case, said in an interview this week that prosecutors felt a previous agreement - in which the companies agreed to pay around 20 billion reais ($3.80 billion)- had not been effective enough.

He declined to put a figure on how much companies might have to pay, but cited a previous lawsuit seeking 155 billion reais as a potential benchmark.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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