Ground News - UK orders Glencore to pay millions over African oil bribes : vimarsana.com

Ground News - UK orders Glencore to pay millions over African oil bribes

Glencore Energy UK Limited ordered to pay a total penalty of 276.4 million pounds. UK subsidiary pleaded guilty in June to the seven bribery offences. Judge Peter Fraser said offences represented "corporate corruption on a widespread scale" Glencore said in May it expected to pay up to $1.5 billion in relation to allegations of bribery.

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