Glencore says bribery days are over. Now it must prove it
After Glencore agreed to plead guilty to a raft of charges, new safeguards are in place, and boss Gary Nagle says it’s a "different company."
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After Glencore agreed to plead guilty to a raft of charges, new safeguards are in place, and boss Gary Nagle says it’s a "different company."
Switzerland-headquartered Glencore (LON: GLEN) has pleaded guilty to acts of bribery and commodity price manipulation spanning over a decade across the globe, forcing the company to fork out over US$1 billion in reparations.
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Glencore’s top leadership has been overhauled in the last few years nd boss Gary Nagle says it’s a “different company.”