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). Glencore concealed the bribe payments by entering into sham consulting agreements, paying inflated invoices, and using intermediary companies to make corrupt payments to foreign officials.
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