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Glencore UK Subsidiary Pleads Guilty to Bribery in Africa

Selasa, 21 Juni 2022 | 19:05 WIB
Glencore UK Subsidiary Pleads Guilty to Bribery in Africa

ILUSTRASI. A British subsidiary of mining and trading giant Glencore on Tuesday formally pleaded guilty to seven counts of bribery in connection with oil operations. REUTERS/Michael Buholzer/File Photo

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - LONDON. A British subsidiary of mining and trading giant Glencore on Tuesday formally pleaded guilty to seven counts of bribery in connection with oil operations in Cameroon, Equatorial Guinea, Ivory Coast, Nigeria and South Sudan.

At a Southwark Crown Court hearing in London, Glencore Energy admitted to paying more than US$ 28 million in bribes to secure preferential access to oil and generate illicit profit between 2011 and 2016. The company will be sentenced on Nov. 2 and 3, the UK Serious Fraud Office (SFO) said.


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