BRIBERY AND MARKET MANIPULATION: Glencore Settles Charges in U.S., U.K., and Brazil
Posted on 05/26/2022
Anglo-Swiss commodities giant Glencore agreed to pay at least US$ 1.2 billion in fines and that two business units would plead guilty to bribery in the U.K. and to conspiracy to violate U.S. anticorruption laws. Glencore is resolving criminal probes that have hung over the global mining and trading business for years. Under the terms…