Remove Corporation Remove Equatorial Guinea Remove Global Remove International
article thumbnail

Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation

Green Car Congress

Glencore International pled guilty in the Southern District of New York to violations of the Foreign Corrupt Practices Act (FCPA). operated a global commodity trading business, which included trading in fuel oil. employees (including those who worked at Chemoil Corporation, which was majority-owned by Glencore Ltd.’s