Brazil judge freezes $1.3 bln in Vale assets for dam burst damages

Brazil judge freezes $1.3 bln in Vale assets for dam burst damages

A Brazilian judge in the state of Minas Gerais on Saturday froze 5 billion reais ($1.33 billion) in the accounts of miner Vale SA to pay for damages caused by a dam burst on Friday that has left hundreds missing, state prosecutors said.

The decision follows an earlier freeze of 1 billion reais that state courts placed on Vale's accounts.

($1 = 3.7695 reais) (Reporting by Jake Spring; Editing by Sandra Maler)

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