Reported 2 months ago
Glencore Plc has agreed to pay $152 million following a Swiss investigation that concluded a six-year series of legal inquiries into corruption, particularly concerning bribery of a Congolese official. Although Glencore denied acknowledging wrongdoing, the company opted not to appeal to resolve the matter, contributing to over $1.7 billion paid globally for similar investigations. The Swiss Attorney General's Office indicated that the fine was influenced by Glencore's cooperation during the investigation.
Source: YAHOO