Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation
Green Car Congress
MAY 27, 2022
million in payments to be made to intermediary companies in order to secure improper advantages to obtain and retain business with state-owned and state-controlled entities in West Africa, including Nigeria, Cameroon, Ivory Coast, and Equatorial Guinea. For example, if Glencore Ltd. had a contract to buy fuel oil, Glencore Ltd.
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