Glencore fined $1.2bn after admitting bribery


Issue 461 - 26 May 2022 - By Marc Howard

Commodity giant Glencore has pleaded guilty and agreed to pay the US authorities almost $1.2bn to end investigations into bribery and market manipulation. The settlement was part of a coordinated resolution with criminal and civil authorities in the US, UK, and Brazil announced on 24 May.

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