Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation
Green Car Congress
MAY 27, 2022
Glencore International pled guilty in the Southern District of New York to violations of the Foreign Corrupt Practices Act (FCPA). employees (including those who worked at Chemoil Corporation, which was majority-owned by Glencore Ltd.’s bought from, and sold to, another party, did not reflect legitimate forces of supply and demand.
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