New revelations in Glencore’s African corruption case
While all eyes are on the Nigerian verdict, the Swiss mining group last month pleaded guilty to corruption charges in four other African countries as part of a $1.1 billion settlement with US authorities.
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▪ New revelations in Glencore’s African corruption case
▪ While all eyes are on the Nigerian verdict, the Swiss mining group last month pleaded guilty to corruption charges in four other African countries as part of a $1.1 billion settlement with US authorities.
▪ https://www.africabusinessplus.com/en/812455/new-revelations-in-glencores-african-corruption-case/
In addition to admitted wrongdoing in Nigerian oil, Glencore International AG‘s institutionalised corruption of African government officials extended across the West African mining sector. According to new revelations, Glencore officials targeted concessionary commodity prices, tax breaks, and even sought judicial favours.
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