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Abstract: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 <VALE3.SA> to pay for damages caused by a dam burst on Friday that has left hundreds missi
BRASILIA (Reuters) - 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 (VALE3.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.
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