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Shell director resigns amid Rio Tinto fraud allegations

director of Shell has resigned after being charged with fraud in relation to his former job at global miner Rio Tinto.

Guy Elliott said he would step down from his non-executive director role at Shell with immediate effect after US regulator the Securities and Exchange Commission charged him in relation to a botched coal deal while he was chief financial officer at Rio. Mr Elliott has been charged with fraud alongside Rio Tinto and its former chief executive Tom Albanese over allegations they hid the true value of coal assets in Mozambique following a disastrous acquisition. FULL ARTICLE

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